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Real Estate Market in China

Residential complexes are standing in Pudong New Area in Shanghai, China, on August 7, 2024. According to China's real estate index system hundred city Price index, in July 2024, the average price of secondhand residential buildings in hundred cities is 14,653 yuan per square meter, down 0.74% from the previous month. The decline is expanding by 0.01 percentage points from June, and it has been falling for 27 consecutive months, with a year-on-year decline of 6.58%. (Photo by Costfoto/NurPhoto)

Photo ID	#11464052
Date Taken	9 August 2024
Location	N/A
Photographer	Costfoto/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Costfoto/NurPhoto

building real estate invest Shanghai China August 7 2024 Residential complexes Pudong New Area real estate price index hundred city Price index secondhand residential buildings 14 653 yuan/square meter July 2024 0.74% decline previous month 0.01 percentage points June 27 consecutive months year-on-year decline 6.58% Costfoto NurPhoto real estate market housing prices property values economic data urban development real estate trends market analysis housing market price trends property index residential market real estate statistics property decline secondhand housing.