city of highest year-on-year price change in commercial buildings. Image: bwpi
I. The Sales Prices of Newly Constructed Commercial Residential Buildings (excluding affordable housing)
Comparing with the previous month, among 70 medium and large-sized cities, the sales prices of newly constructed commercial residential buildings declined in 33 cities, that of 27 cities increased, and that of 10 cities remained at the same level. For the price changes month-on-month, the highest increase was 2.1 percent(Shanghai), and the lowest was down by 1.0 percent(Yueyang).
Comparing with the same month of last year, the sales prices of newly constructed commercial residential buildings decreased in 54 cities, and that of 16 cities increased. For the price changes year-on-year, the highest increase was 40.5 percent(Shenzhen), and the lowest was down by 6.5 percent(Zhanjiang).
II. Sales Prices of Second-Hand Residential Buildings
Comparing with the previous month, the sales prices of second-hand residential buildings decreased in 23 cities, that of 38 cities increased, and that of 9 cities remained at the same level. For the price changes month-on-month, the highest increase was 1.1 percent(Beijing), and the lowest was down by 0.9 percent(Zunyi).
Comparing with the same month of last year, the sales prices of second-hand residential buildings decreased in 45 cities, that of 24 cities increased, and that of 1 city remained at the same level. For the price changes year-on-year, the highest increase was 36.8 percent(Shenzhen), the lowest was down by 9.5 percent(Jinzhou).
