Shanghai China Real Estate
Shanghai's expensive real estate market appears to have peaked, and condos are flooding the market. Home prices are falling as cash, according to the Shanghai Real Estate Index, an index of the values of 100 major cities compiled by China's Bureau of Statistics, as struggling developers desperately try to offload their homes. The real estate rents in the index have remained the same over the past two years, but the average price of a single-family home in Shanghai has more than quadrupled since 2010.
Shenzhen property prices have risen rapidly since 2015, but in 2015 alone, the increase was almost 50%. The NBS said the average price of a detached house in the city's first tier rose 0.1% last month, compared with January, according to the National Bureau of Statistics. Since 2015, Shenzhen's real estate market seems depressed compared to other "front-row" cities.
Home prices have risen by at least 20% this year, but some real estate developments in Beijing have seen prices fall by 20-30%. But in many Chinese cities, property prices are reaching breathtaking heights; the average price in Shanghai is more than three times the national average of 1.5 million yuan. The average value of a single-family home in the first row of Shenzhen has risen to 725,000 (five million yuan), an increase of almost 50% compared to 5.6 million euros in the previous year. Information on tax revenues, sales and land rights can be found in our database, which contains over 20,000 reports, tools and tutorials on the Media Centre's declaration.
China's real estate market is the world's largest, accounting for 6.7% of the country's economy, according to the World Bank.
The price of a new apartment in Beijing reached $3,100 per square meter in 2015, double the previous year. Shanghai is the second largest city in the world to rent, after Hong Kong, with an average of $4,000 a month, according to the China Real Estate Institute.
Although Shanghai is one of the world's most expensive cities for rental property, it maintains a strict policy against selling its golden properties to outsiders. While Shanghai's apartments and rooms are on the market, they cannot be put up for sale or taken off the market. Going through an estate agent or agency is not the only way for expats to find rental property in Shanghai. You don't need to hire a lawyer in China, but normally an estate agent will help you through the process.
Chinese real estate sites seem to be the best alternative, but most are only in Chinese and indeed full of junk ads. The Internet should be a good source of information about rental properties in Shanghai and other cities in China. However, be very careful when carrying out your search and beware of misleading information and false information.
The following 6 chapters provide you with quick and easy access to the most important statistics on real estate in China. Get the latest on China HGS Real Estate and help you trade and invest with our free guide to China's most popular stock markets.
By controlling real estate prices and promoting more effectively the orderly development of the real estate market, we can compare the efficiency of China's real estate markets with that of America, which has also experienced many boom years. We then receive data on the total number of residential and commercial properties in each city in the country. Combined with Tables 3 and 4, you can see that the current state of China's real estate market is at odds with America's in terms of efficiency.
The conclusion can be summarised as follows: "The weakest form of efficiency has not been achieved at present and will not be in the next few years. At present, the weakest forms of efficiency are achieved, but not in the long term.
The first row of cities represented by Beijing, Shanghai, Guangzhou and Shenzhen is mainly concentrated in the financial district of Shanghai and the industrial area of Guangdong. Here you will find many skyscrapers, but also industrial areas, and it rises to become a cosmopolitan city. The financial districts in Shanghai are the most expensive areas for real estate development in China, with a high concentration of high-quality residential and commercial buildings.
For example, a plot of land in Zhangzhou, Fujian Province, was bought by a group of investors who went so far as to hold a groundbreaking ceremony for a planned development project. Foreigners new to Shanghai can easily acquire real estate, Qin Link, director of the Shanghai Real Estate Development Institute, told the Global Times. Qin said that the high concentration of high-quality residential and commercial buildings in the financial district of Shanghai makes it an attractive location for foreign investors.
The paper also compared the US real estate market to the Chinese real estate market in the United States and Japan, as well as in other countries. Xie  conducted an analysis of the newly established Shanghai real estate market, collecting data on the quality and efficiency of residential and commercial building construction. The results showed that the weak forms of efficiency did not reach the same level as the strong forms, such as the high-quality construction. New trends can be smaller groups, which can help reduce overbuilding, "he said in an online forum on July 3.