Top 10 cities with highest home prices in May
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China.org.cn, June 6, 2011
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 May is 8,819 yuan (US$1,364) per square meter, up 0.53 percent than in April.
Among the 100 cities surveyed, Shenzhen topped the list with the highest home prices at 25,671 yuan (US$3,971) per square meter in May, followed by Shanghai at 23,735 yuan (US$3,671), Beijing at 22,914 yuan (US$3,544).
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 |
25,671 |
1.08% |
|
2 |
Shanghai |
23,735 |
0.31% |
|
3 |
Beijing |
22,914 |
0.23% |
|
4 |
Hangzhou |
20,649 |
-0.94% |
|
5 |
Sanya |
19,246 |
0.98% |
|
6 |
Wenzhou |
16,120 |
0.03% |
|
7 |
Guangzhou |
15,194 |
0.41% |
|
8 |
Ningbo |
13,873 |
0.44% |
|
9 |
Fuzhou |
12,769 |
0.51% |
|
10 |
Nanjing |
12,346 |
-0.03% |
Historic data: January, February, March, April...
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