Top 10 expensive Chinese cities to live in
- By Xu Lin
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E-mail China.org.cn, April 22, 2013
March saw housing prices across China’s major cities go up for the tenth consecutive month. Shanghai is the most expensive city to live, with its average property price of 28,147 yuan per square meter, 0.45 percent higher than that in February.
According to China Index Academy, a Beijing-based real estate research institute, the average price of new homes in 100 major Chinese cities was 9,998 yuan (US$1,612.45) per square meter during March, up 1.06 percent from the previous month. Their median price reached 6,892 yuan (US$1,111.52) per square meter, a rise of 1.92 percent.
Among the 100 cities, a total of 84 cities saw monthly increases in home prices, whereas the other 16 experienced a drop in prices.
The following are the ten Chinese cities with highest housing prices in March of 2013.
Ningbo, Zhejiang Province（浙江宁波）
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Ningbo, Zhejiang Province [nb.ifeng.com] |
Price increase: 1.1 percent
Average price (per square meter): 12,981 yuan (US$2,094)
Median price (per square meter): 12,160 yuan (US$1,962)
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