Up or Down? (September 2016)

26/09/2016

​​​chinaurbanisationnews

Image: China.com

Image: BWPI

September 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 6 cities
• Increased in 63 cities
• 1 cities remained at the same level
• The biggest decline was down by 0.3% (zhunyi)
• The highest increase was 8.2% (Wuxi)

Year-on-Year price changes:

• Decreased in 5 cities
• Increased in 65 cities
• 0 cities remained at the same level.
• The biggest decline was down by 3.8% (Jinzhou)
• The highest increase was 47% (Xiamen & Hefei)

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

Month-on-Month price changes: 

• Decreased in 7 cities
• Increased in 60 cities
• 3 cities remained at the same level
• The biggest decline was down by 0.6% (Baotou)
• The highest increase was 8.4% (Wuxi)

Year-on-Year price changes:

• Decreased in 12 cities
• Increased in 57 cities
• 1 cities remained at the same level
• The biggest decline was down by 3.8% (Jinzhou & Baotou)
• The highest increase was 50.1% (Hefei)

Read article at stats.gov

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