Up or Down? (May 2016)

23/06/2016

Image: China.com

Image: BWPI

Image: BWPI

May 2016 updated RESIDENTIAL sales prices for 70 medium and large-sized cities in China.

I. Sales Prices of Newly Constructed Residential Buildings (excluding affordable housing).

Month-on-Month price changes: 

• Declined in 4 cities
• Increased in 60 cities
• 6 cities remained at the same level
• The biggest decline was down by 0.5% (Mudanjiang)
• The highest increase was 5.5% (Xiamen)

Year-on-Year price changes:

• Decreased in 18 cities
• Increased in 50 cities
• 2 cities remained at the same level.
• The biggest decline was down by 3.2% (Jinzhou)
• The highest increase was 54% (Shenzhen)

​​II. Sales Prices of Second-Hand Residential Buildings

Month-on-Month price changes: 

• Decreased in 13 cities
• Increased in 49 cities
• 8 cities remained at the same level
• The biggest decline was down by 0.5% (Baotou)
• The highest increase was 6.3% (Xiamen)

Year-on-Year price changes:

• Decreased in 18 cities
• Increased in 50 cities
• 2 cities remained at the same level
• The biggest decline was down by 6.5% (Jinzhou)
• The highest increase was 46.8% (Shenzhen)

Read article at stats.gov

2016/05/19
Housing Market Tilts Towards Second-tier Cities

2016/04/21
Up or Down? (March 2016)

2016/04/14
Shanghai and Shenzhen see Fall in Housing Market 

2016/03/22
Up or Down? (February 2016)

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