Up or Down? (February 2016)

03/22/2016

Image: China.com

Image: BWPI

Image: BWPI

Sales Prices of Residential Buildings in 70 Medium and Large-sized Cities in February 2016.

I. The Sales Prices of Newly Constructed Commercial Residential Buildings (excluding affordable housing).
 
Compared with the previous month, among 70 medium and large-sized cities, the sales prices of newly constructed commercial residential buildings declined in 15 cities, that of 47 cities increased, and that of 8 cities remained at the same level. For the price changes month-on-month, the highest increase was 3.6% (Shenzhen), and the lowest was down by 0.7% (Dandong). 

​Compared with the same month of last year, the sales prices of newly constructed commercial residential buildings decreased in 37 cities, and that of 32 cities increased. For the price changes year-on-year, the highest increase was 57.8% (Shenzhen), and the lowest was down by 3.9% (Dandong).

​​II. Sales Prices of Second-Hand Residential Buildings
 
Compared with the previous month, the sales prices of second-hand residential buildings decreased in 28 cities, that of 34 cities increased, and that of 8 cities remained at the same level. For the price changes month-on-month, the highest increase was 6.7% (Hefei), and the lowest was down by 1.1% (Urumchi).
 
Compared with the same month of last year, the sales prices of second-hand residential buildings decreased in 26 cities, that of 41 cities increased, and that of 3 city remained at the same level. For the price changes year-on-year, the highest increase was 54.2% (Shenzhen), the lowest was down by 7.4% (Jinzhou).

Read article at stats.gov

2016/03/15
China's First-tier Cities to See Real Estate Boom

2016/03/03  
Up or Down? (January 2016)

2016/02/22  
Shenzhen Housing Prices Jump 46 Percent 

2016/02/17 
15 Out of China's 50 Top Developers Lost Money in 2015 

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