House price indexChinaR31R38C40C81While a timely, accurate house price index with broad coverage is of significant importance in housing market research and analysis, the lack of reliable raw data sources remains a major constraint in the house price index construction in nascent housing markets ...
The average price of new homes in 100 cities fell 0.02% month-on-month to 16,174 yuan ($2, 404) per square meter in January, the seventh consecutive month of decline, according to data from the China Index Academy. New home prices in first-tier cities edged up 0.01% from a month-on...
China house prices dropped 5.2% YoY in Oct 2024, following a decrease of 6.0% YoY in the previous month. YoY growth data is updated monthly, available from Mar 1999 to Oct 2024, with an average growth rate of 7.4%. House price data reached an all-time high of 25.0% in Feb 2010 an...
House Price IndexChinaWhile a timely, accurate house price index with broad coverage is of significant importance in housing market research and analysis, the lack of reliable raw daWang, XiaodanLi, KeyangWu, JingSocial Science Electronic Publishing...
Shenzhen Bay. askarim/Shutterstock China has claimed the top spot of Knight Frank’s Global House Price Index for the first time since 2010. The quarterly index, which tracks average residential prices from official figures across 56 countries, saw China growing 10.9 percent annually in the year...
The house price index decreases in Mainland China during the last few months have been accompanied by a collapse of the stock market which has fallen to 40% of its original high point. Many investors are concerned that the falling stock market will bring similar uncertainty to the housing marke...
monitored, only a total of four cities, including Chengdu, Beijing, Shanghai and Hefei, have seen a cessation of price falls and the other 46 cities' residential price index is still in decline, Shanghai E-House China R&D Institute released report on house price index of 50 cities on ...
"The housing price index shows a trend of stabilization and recovery, fully indicating that overall real estate is out of last year's trough," said Yan Yuejin, an analyst at the Shanghai-based E-house China Research and Development Institution. ...
As of the end of last year, China’s home price index has slid 9 per cent from its 2021 peak, creating a “negative wealth” effect that is dampening consumption and slowing down the economy’s transition from being investment-led toconsumption-driven. ...
We also investigate the quality of the two most prominent house price indexes in China, and conclude that a traditional hedonic index more accurately reflects how house prices have changed over time in eight major markets in China. Repeat sales indexes have become standard in many countries, but...