Three Greatest Price Increasing Real Estate Markets

Overall, Chinese real estate went up, on average, 6.3% in 70 major cities throughout China.

The three greatest price increases took place in:

1. Shenzhen – up 14.3%

2. Beihai City – up 12.5%

3. Beijing – up 9.5%

The average price of new residential apartments grew 6.4%.

New home prices in Beihai City were up 18.1% and in Shenzhen – 12.5%.

Beijing prices for new homes were up 10.3% and Nanjing were up 9.8%.

Second-hand home prices jumped 6.9% with Shenzhen leading the way – up 14% and Beihai up 12.7%.

Now is a very good time to have property – second-hand or otherwise in places like Shenzhen.

Wait! My wife and I have an apartment in Shenzhen.