In 2022, the total value of residential housing sold in Shanghai, China surpassed 693 billion yuan, increasing from the previous year. This growth was mainly fueled by the significant price rise in residential housing in the city. In 2017, the government of Shanghai introduced several strict regulations on the housing market, intending to curb speculations. The policies resulted in a sharp decline in the market between 2016 and 2017, while also causing further price increases in the years that followed.
Value of commodity residential housing sold in Shanghai, China in selected years from 1995 to 2022
(in billion yuan)
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Shanghai Municipal Statistics Bureau. (March 21, 2024). Value of commodity residential housing sold in Shanghai, China in selected years from 1995 to 2022 (in billion yuan) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1325811/china-value-of-residential-housing-sold-in-shanghai/
Shanghai Municipal Statistics Bureau. "Value of commodity residential housing sold in Shanghai, China in selected years from 1995 to 2022 (in billion yuan)." Chart. March 21, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1325811/china-value-of-residential-housing-sold-in-shanghai/
Shanghai Municipal Statistics Bureau. (2024). Value of commodity residential housing sold in Shanghai, China in selected years from 1995 to 2022 (in billion yuan). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1325811/china-value-of-residential-housing-sold-in-shanghai/
Shanghai Municipal Statistics Bureau. "Value of Commodity Residential Housing Sold in Shanghai, China in Selected Years from 1995 to 2022 (in Billion Yuan)." Statista, Statista Inc., 21 Mar 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1325811/china-value-of-residential-housing-sold-in-shanghai/
Shanghai Municipal Statistics Bureau, Value of commodity residential housing sold in Shanghai, China in selected years from 1995 to 2022 (in billion yuan) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1325811/china-value-of-residential-housing-sold-in-shanghai/ (last visited November 10, 2024)
Value of commodity residential housing sold in Shanghai, China in selected years from 1995 to 2022 (in billion yuan) [Graph], Shanghai Municipal Statistics Bureau, March 21, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1325811/china-value-of-residential-housing-sold-in-shanghai/
