Real Estate Market in China

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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)


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