Up or Down? (July 2016)

30/08/2016

Image: China.com

Image: BWPI

July 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 16 cities
• Increased in 51 cities
• 3 cities remained at the same level
• The biggest decline was down by 1.1% (Shaoguan)
• The highest increase was 4,6% (Xiamen)

Year-on-Year price changes:

• Decreased in 11 cities
• Increased in 58 cities
• 1 cities remained at the same level.
• The biggest decline was down by 3.8% (Jinzhou)
• The highest increase was 41.4% (Shenzhen)

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

Month-on-Month price changes: 

• Decreased in 12 cities
• Increased in 51 cities
• 7 cities remained at the same level
• The biggest decline was down by 0.5% (Mudanjiang)
• The highest increase was 3.2% (Hefei)

Year-on-Year price changes:

• Decreased in 18 cities
• Increased in 52 cities
• 0 cities remained at the same level
• The biggest decline was down by 5.3% (Jinzhou)
• The highest increase was 44.1% (Hefei)

Read article at stats.gov

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