Sales Prices of Residential Buildings in 70 Medium and Large-sized Cities in July 2013

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I. The Sales Prices of Newly Constructed Commercial Residential Buildings (excluding affordable housing) (See Table II)

Comparing with the previous month, among 70 medium and large-sized cities, the sales prices of newly constructed commercial residential buildings declined in 4 cities while that of 4 cities remained at the same level. For 62 cities with increasing prices month-on-month, the biggest increase was 2.2 percent.

Comparing with the same month of last year, the sales prices of newly constructed commercial residential buildings decreased in 1 city. For 69 cities with increasing prices year-on-year, the biggest increase was 18.3 percent, and the increase of 7 cities fell down compared with that in June 2012.

II. Sales Prices of Second-Hand Residential Buildings

Comparing with the previous month, the sales prices of second-hand residential buildings decreased in 7 cities while that of 6 cities remained at the same level. For 57 cities with increasing prices month-on-month, the biggest increase was 1.4 percent.

Comparing with the same month of last year, the sales prices of second-hand residential buildings decreased in 3 cities. For 67 cities with increasing prices year-on-year, the biggest increase was 15.3 percent. In July, for the cities with increasing prices year-on-year, the increase of 14 cities fell down compared with that in June.

Sales Price Indices of Residential Buildings in 70 Large and Medium-Sized Cities (2013.07)

Price Indices of Newly Constructed Residential Buildings by Floor Space in 70 Large and Medium-Sized Cities (2013.07)

Price Indices of Second-Hand Residential Buildings by Floor Space in 70 Large and Medium-Sized Cities (2013.07)

Annotations:

1. Since January 2011, NBS started to implement “Survey Program on Sales Prices of Residential Buildings”.

2. Survey Coverage: The survey was conducted in the municipal districts of 70 medium and large-sized cities, excluding the countries.

3. Survey Methods: The data of sales price, floor space and amount of money directly came from the network transaction records data of local real estate management departments. The survey of sales prices of second-hand residential buildings was non-overall survey, integrating key-point investigation with typical investigation, combing the methods of real estate brokerage agency reporting, real estate management departments providing, as well as investigator obtaining prices on the spot, to collect the basic data.

4. The newly constructed residential buildings includes affordable housing, the newly constructed commercial residential buildings excludes affordable housing.

5. The calculation of the price indices can be seen in the “Survey Program of the Sales Prices of Residential Buildings”, on the website of   National Bureau of Statistics of China.