According to a monthly survey by China Index Academy, which tracks changes in home prices in 100 Chinese cities, the average price of residential homes in?August is 8,880 yuan (US$1,391) per square meter, almost equal to?last month.
Among the 100 cities surveyed, Shenzhen topped the list with the highest home prices at 25,687 yuan (US$4,025) per square meter in August, followed by Shanghai at 23,826 yuan (US$3,734), Beijing at 22,953 yuan (US$3,597).
Here is the list of the top 10 cities with the highest average home prices:
Ranking |
City |
Average home price (RMB/sq m) |
Month-on-month change |
1 |
Shenzhen |
25,687 |
-0.47% |
2 |
Shanghai |
23,826 |
-0.12% |
3 |
Beijing |
22,953 |
0.25% |
4 |
Hangzhou |
20,597 |
-0.27% |
5 |
Sanya |
19,080 |
-0.09% |
6 |
Wenzhou |
16,218 |
0.48% |
7 |
Guangzhou |
15,429 |
0.60% |
8 |
Ningbo |
13,617 |
-0.80% |
9 |
Fuzhou |
12,786 |
-1.91% |
10 |
Nanjing |
12,255 |
-0.22% |
?Historic data:January,February,March,April,May,June,July...