Furthermore, it should be noted that American people’s average income is several dozen times higher than that of Chinese people. How can the Chinese afford to buy a house which is even more expensive than that sold in the US?At the beginning of 2007, Chinese government issued a set of ...
Key information about House Prices Growth China house prices dropped 4.1% YoY in Dec 2024, following a decrease of 4.8% YoY in the previous month. YoY growth data is updated monthly, available from Mar 1999 to Dec 2024, with an average growth rate of 7.4%. House price data reached an ...
House price has deviated upward from the economic fundamentals since government started macro-control of the real estate market. We consider that the mechanism between the house price and economic fundamentals is distorted by China's real estate policy, especially its land policy. Meanwhile the ...
disequilibrium;(2)coordination between house price and macro-economy is feasible and necessary,because there exists interaction relationship between house price and GDP;(3)other measures should be taken to control house price,as the influence of interest rate policy on house price is not significant....
aHouse price in China has been rising rapidly in recent years. Confronted with this kind of situation, some municipalities have used some administrative measures to fix the house price, for example, they regulate that the increase of house price should not exceed 5% and limit the profit margin...
Using a 12-year time series of the average house prices and the per capita annual income of urban residents,from China Statistic Year Book,the paper implements unit roots and cointegration tests as well as ADL and ECM models to find that the house prices and the income are cointergrated and...
From January to November, average new home prices rose just 0.3 percent year on year in the four first-tier cities, compared with an 10.9-percent growth during the same period last year. The NBS monitors the house prices in 70 large Chinese cities, including 31 second-tier and 35 third-ti...
Your agenda is our agenda. Let's work together to make sure your company is ready to take advantage of new opportunities to grow.
We provide the first multi-city, constant quality land price index for 35 major markets in China. While there is meaningful heterogeneity in land price growth across cities, on average the last nine years have seen land values skyrocket in many markets, not just those on or near the coast....
Premium StatisticAverage house price in the UK 2007-2024 Premium StatisticHomeownership rate in the U.S. 1990-Q3 2024 Statista report shop Explore all Statista reports We provide information on industries, companies, consumers, trends, countries, and politics, covering the latest and most important ...