China Real Estate Investment data was reported at 12,026,351.460 RMB mn in 2018. This records an increase from the previous number of 10,979,852.880 RMB mn for 2017. China Real Estate Investment data is updated yearly, averaging 779,092.230 RMB mn from Dec 1986 (Median) to 2018, with 33 observations. The data reached an all-time high of 12,026,351.460 RMB mn in 2018 and a record low of 10,100.000 RMB mn in 1986. China Real Estate Investment data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKA: Real Estate Investment: Summary.

China Real Estate: Sales Revenue data was reported at 9,589,690.064 RMB mn in 2017. This records an increase from the previous number of 9,009,150.637 RMB mn for 2016. China Real Estate: Sales Revenue data is updated yearly, averaging 810,756.060 RMB mn from Dec 1988 (Median) to 2017, with 30 observations. The data reached an all-time high of 9,589,690.064 RMB mn in 2017 and a record low of 16,212.340 RMB mn in 1988. China Real Estate: Sales Revenue data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKF: Real Estate Enterprise: All.

Property sales to Chinese buyers in the United States increased significantly from a value of **** U.S. billion dollars in 2010 to **** billion U.S. dollars in 2017. Since 2017, the value of property sales to Chinese buyers has declined, reaching **** billion U.S. dollars in 2025.

Chinese buyers comprise one of the largest groups of foreign buyers of residential property in the United States. In 2017, a record number of residential properties were bought by Chinese nationals, but since then, both the sales volume and percentage of all foreign-bought properties has declined. In 2025, Chinese buyers were responsible for ** percent of all sales to foreigners. Who is the biggest buyer of U.S. residential property? During the coronavirus pandemic, buyers from Canadian and Mexican origin dominated international transactions. In 2025 Chinese nationals were the largest buyers of U.S. residential property. They were also responsible for the largest share of the aggregate value of properties purchased. On average, Chinese bought properties were also substantially more expensive than the ones purchased by other buyer groups, such as Canadians. How has the market developed? The total property sales to foreign buyers peaked at *** U.S. dollars in 2017, followed by a period of declining transaction value. The coronavirus pandemic has significantly contributed to cross-border transactions remaining subdued. In 2024, the value of property sales to foreigners was the lowest observed since recording began.

Since 2017, Chinese cities have set off a wave of talent migration, with major cities joining the talent war and issuing new talent settlement policies that might stimulate the real estate market through the inflow and outflow of human capital. However, the effects of new talent settlement policies on housing prices have not been extensively studied. This study used a difference-in-differences model to examine the causal effects of new talent settlement policies on housing prices in China based on data from 70 large and medium-sized cities. The results showed that new talent settlement policies had positive effects on housing prices, and the effects revealed pronounced regional heterogeneity: they were more significant in the eastern region, first-tier, and new first-tier cities, and varied across major migration zones. Further, the varying policy tools in the new talent settlement policies had disparate effects on housing prices. Thus, we recommend that new talent settlement policies must be coordinated with the goals of real estate regulation and reasonable regional standards, and that the policy tools should be tailored according to the actual conditions of cities.

In 2024, China ranked first by real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market among the 20 countries presented in the ranking. China's real estate transaction value amounted to ************* U.S. dollars, while the United States and France, the second and third countries, had records amounting to ************* U.S. dollars and ************** U.S. dollars, respectively.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Residential Real Estate Transactions.

In 2024, the Chinese real estate company China Vanke had a net liability ratio of approximately **** percent, increasing significantly from the previous year. China Vanke's net liability ratio has increased more than ********* in the past eight years, largely due to the poor environment in China's property market after its peak in 2021.

Since 2017, Chinese cities have set off a wave of talent migration, with major cities joining the talent war and issuing new talent settlement policies that might stimulate the real estate market through the inflow and outflow of human capital. However, the effects of new talent settlement policies on housing prices have not been extensively studied. This study used a difference-in-differences model to examine the causal effects of new talent settlement policies on housing prices in China based on data from 70 large and medium-sized cities. The results showed that new talent settlement policies had positive effects on housing prices, and the effects revealed pronounced regional heterogeneity: they were more significant in the eastern region, first-tier, and new first-tier cities, and varied across major migration zones. Further, the varying policy tools in the new talent settlement policies had disparate effects on housing prices. Thus, we recommend that new talent settlement policies must be coordinated with the goals of real estate regulation and reasonable regional standards, and that the policy tools should be tailored according to the actual conditions of cities.

Since 2017, Chinese cities have set off a wave of talent migration, with major cities joining the talent war and issuing new talent settlement policies that might stimulate the real estate market through the inflow and outflow of human capital. However, the effects of new talent settlement policies on housing prices have not been extensively studied. This study used a difference-in-differences model to examine the causal effects of new talent settlement policies on housing prices in China based on data from 70 large and medium-sized cities. The results showed that new talent settlement policies had positive effects on housing prices, and the effects revealed pronounced regional heterogeneity: they were more significant in the eastern region, first-tier, and new first-tier cities, and varied across major migration zones. Further, the varying policy tools in the new talent settlement policies had disparate effects on housing prices. Thus, we recommend that new talent settlement policies must be coordinated with the goals of real estate regulation and reasonable regional standards, and that the policy tools should be tailored according to the actual conditions of cities.

China Real Estate: Sales Revenue: Land Transfer data was reported at 83,841.784 RMB mn in 2017. This records an increase from the previous number of 66,632.482 RMB mn for 2016. China Real Estate: Sales Revenue: Land Transfer data is updated yearly, averaging 25,242.555 RMB mn from Dec 1988 (Median) to 2017, with 30 observations. The data reached an all-time high of 83,841.784 RMB mn in 2017 and a record low of 746.800 RMB mn in 1989. China Real Estate: Sales Revenue: Land Transfer data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKF: Real Estate Enterprise: All.

This statistic shows the leading countries for wellness real estate worldwide in 2017, by market size. In 2017, the market size of wellness real estate in China amounted to **** billion U.S. dollars.

Since 2017, Chinese cities have set off a wave of talent migration, with major cities joining the talent war and issuing new talent settlement policies that might stimulate the real estate market through the inflow and outflow of human capital. However, the effects of new talent settlement policies on housing prices have not been extensively studied. This study used a difference-in-differences model to examine the causal effects of new talent settlement policies on housing prices in China based on data from 70 large and medium-sized cities. The results showed that new talent settlement policies had positive effects on housing prices, and the effects revealed pronounced regional heterogeneity: they were more significant in the eastern region, first-tier, and new first-tier cities, and varied across major migration zones. Further, the varying policy tools in the new talent settlement policies had disparate effects on housing prices. Thus, we recommend that new talent settlement policies must be coordinated with the goals of real estate regulation and reasonable regional standards, and that the policy tools should be tailored according to the actual conditions of cities.

In 2023, the total value of residential housing sold in Shanghai, China surpassed *** billion yuan, slightly decreasing 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.

Real Estate Investment: Beijing: Tongzhou data was reported at 29,586.590 RMB mn in 2017. This records a decrease from the previous number of 34,900.300 RMB mn for 2016. Real Estate Investment: Beijing: Tongzhou data is updated yearly, averaging 27,463.000 RMB mn from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 60,337.890 RMB mn in 2015 and a record low of 5,020.000 RMB mn in 2006. Real Estate Investment: Beijing: Tongzhou data remains active status in CEIC and is reported by Beijing Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKJ: Real Estate Investment: Municipality District.

Real Estate Investment: Year to Date: Hainan: Sanya data was reported at 4,493.120 RMB mn in Feb 2025. This records a decrease from the previous number of 35,128.830 RMB mn for Dec 2024. Real Estate Investment: Year to Date: Hainan: Sanya data is updated monthly, averaging 13,474.105 RMB mn from Feb 2008 (Median) to Feb 2025, with 186 observations. The data reached an all-time high of 54,976.360 RMB mn in Dec 2017 and a record low of 633.160 RMB mn in Feb 2008. Real Estate Investment: Year to Date: Hainan: Sanya data remains active status in CEIC and is reported by Sanya Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKG: Real Estate Investment: Prefecture Level City: Monthly.

Key information about House Prices Growth

• China house prices dropped 2.5% YoY in Oct 2025, following a decrease of 1.9% YoY in the previous month.
• YoY growth data is updated monthly, available from Mar 1999 to Oct 2025, with an average growth rate of 5.3%.
• House price data reached an all-time high of 25.0% in Feb 2010 and a record low of -12.6% in Apr 1999.

China Real Estate Inv: Year to Date: Residential: Xian data was reported at 107,703.290 RMB mn in Sep 2018. This records an increase from the previous number of 91,203.690 RMB mn for Aug 2018. China Real Estate Inv: Year to Date: Residential: Xian data is updated monthly, averaging 51,808.000 RMB mn from Mar 2008 (Median) to Sep 2018, with 107 observations. The data reached an all-time high of 150,502.980 RMB mn in Dec 2017 and a record low of 4,559.000 RMB mn in Mar 2008. China Real Estate Inv: Year to Date: Residential: Xian data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKE: Real Estate Investment: City: Residential.

Hangzhou: Real Estate Investment: Year to Date data was reported at 273,400.000 RMB mn in Dec 2017. This records an increase from the previous number of 241,200.000 RMB mn for Nov 2017. Hangzhou: Real Estate Investment: Year to Date data is updated monthly, averaging 47,939.000 RMB mn from Feb 2006 (Median) to Dec 2017, with 125 observations. The data reached an all-time high of 273,400.000 RMB mn in Dec 2017 and a record low of 3,511.000 RMB mn in Feb 2007. Hangzhou: Real Estate Investment: Year to Date data remains active status in CEIC and is reported by Hangzhou Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RK: Zhejiang: Hangzhou Property.

Property Price Index: Secondary Mkt: Residential: Wuhan data was reported at 91.700 Prev Year=100 in Mar 2025. This records an increase from the previous number of 91.000 Prev Year=100 for Feb 2025. Property Price Index: Secondary Mkt: Residential: Wuhan data is updated monthly, averaging 101.400 Prev Year=100 from Jan 2011 (Median) to Mar 2025, with 171 observations. The data reached an all-time high of 122.100 Prev Year=100 in Apr 2017 and a record low of 86.600 Prev Year=100 in Jul 2024. Property Price Index: Secondary Mkt: Residential: Wuhan data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.EA: Property Price Index: (PY=100): Secondary Market Residential.

Property Price Index: Secondary Mkt: Residential: below 90 sq m: Fuzhou data was reported at 90.100 Prev Year=100 in Mar 2025. This records a decrease from the previous number of 90.500 Prev Year=100 for Feb 2025. Property Price Index: Secondary Mkt: Residential: below 90 sq m: Fuzhou data is updated monthly, averaging 100.600 Prev Year=100 from Jan 2011 (Median) to Mar 2025, with 171 observations. The data reached an all-time high of 117.100 Prev Year=100 in Mar 2017 and a record low of 88.600 Prev Year=100 in Oct 2024. Property Price Index: Secondary Mkt: Residential: below 90 sq m: Fuzhou data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.EA: Property Price Index: (PY=100): Secondary Market Residential: By Area of Floor Space.