The real estate transaction value is forecast to experience significant growth in all regions in 2029. From the selected regions, the ranking by real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market is forecast to be lead by China with *** trillion U.S. dollars. In contrast, the ranking is trailed by Saudi Arabia with ***** billion U.S. dollars, recording a difference of *** trillion U.S. dollars to China. The Statista Market Insights cover a broad range of additional markets.
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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.
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 2024, 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 2024 Chinese nationals were the second-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.
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China Land Transaction Amount: Year to Date data was reported at 916,596.960 RMB mn in Dec 2022. This records an increase from the previous number of 759,069.090 RMB mn for Nov 2022. China Land Transaction Amount: Year to Date data is updated monthly, averaging 254,205.500 RMB mn from Jan 2004 (Median) to Dec 2022, with 228 observations. The data reached an all-time high of 1,775,627.670 RMB mn in Dec 2021 and a record low of 21,898.000 RMB mn in Feb 2009. China Land Transaction Amount: Year to Date 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: Monthly: Land Transaction: By Province.
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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.
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Macau Real Estate Transactions: Number: Residential data was reported at 2,893.000 Unit in Mar 2018. This records an increase from the previous number of 2,518.000 Unit for Dec 2017. Macau Real Estate Transactions: Number: Residential data is updated quarterly, averaging 2,561.000 Unit from Mar 2000 (Median) to Mar 2018, with 73 observations. The data reached an all-time high of 5,734.000 Unit in Jun 2005 and a record low of 608.000 Unit in Mar 2009. Macau Real Estate Transactions: Number: Residential data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau – Table MO.EB001: Real Estate Transactions.
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China Real Estate: Sales Revenue: Rental Income data was reported at 156,832.252 RMB mn in 2017. This records a decrease from the previous number of 178,696.723 RMB mn for 2016. China Real Estate: Sales Revenue: Rental Income data is updated yearly, averaging 15,445.315 RMB mn from Dec 1988 (Median) to 2017, with 30 observations. The data reached an all-time high of 178,696.723 RMB mn in 2016 and a record low of 88.260 RMB mn in 1988. China Real Estate: Sales Revenue: Rental Income 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.
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China Real Estate Inv: Year to Date: Other: Land Purchase data was reported at 719,143.250 RMB mn in Mar 2025. This records an increase from the previous number of 372,271.310 RMB mn for Feb 2025. China Real Estate Inv: Year to Date: Other: Land Purchase data is updated monthly, averaging 405,620.000 RMB mn from Jan 2002 (Median) to Mar 2025, with 279 observations. The data reached an all-time high of 4,445,187.260 RMB mn in Dec 2020 and a record low of 8,062.000 RMB mn in Feb 2002. China Real Estate Inv: Year to Date: Other: Land Purchase 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: Monthly: Summary.
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China Real Estate Inv: Year to Date: Land Transaction Amount: Eastern Area data was reported at 678,966.690 RMB mn in Dec 2022. This records an increase from the previous number of 561,129.930 RMB mn for Nov 2022. China Real Estate Inv: Year to Date: Land Transaction Amount: Eastern Area data is updated monthly, averaging 233,163.022 RMB mn from Jan 2011 (Median) to Dec 2022, with 144 observations. The data reached an all-time high of 1,266,604.850 RMB mn in Dec 2021 and a record low of 20,946.590 RMB mn in Feb 2022. China Real Estate Inv: Year to Date: Land Transaction Amount: Eastern Area 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: Monthly: Land Transaction: By Province.
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Real Estate Inv: Year to Date: Land Transaction Amount: Shanghai data was reported at 84,023.780 RMB mn in Dec 2022. This records an increase from the previous number of 65,855.260 RMB mn for Nov 2022. Real Estate Inv: Year to Date: Land Transaction Amount: Shanghai data is updated monthly, averaging 8,077.831 RMB mn from Jan 2011 (Median) to Dec 2022, with 144 observations. The data reached an all-time high of 84,023.780 RMB mn in Dec 2022 and a record low of 0.000 RMB mn in Mar 2020. Real Estate Inv: Year to Date: Land Transaction Amount: Shanghai 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: Monthly: Land Transaction: By Province.
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China Real Estate: Sales Revenue: Other data was reported at 288,101.302 RMB mn in 2017. This records an increase from the previous number of 247,489.171 RMB mn for 2016. China Real Estate: Sales Revenue: Other data is updated yearly, averaging 55,093.835 RMB mn from Dec 1988 (Median) to 2017, with 30 observations. The data reached an all-time high of 288,101.302 RMB mn in 2017 and a record low of 590.630 RMB mn in 1990. China Real Estate: Sales Revenue: Other 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.
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Beijing: Real Estate: Sales Revenue: Land Transfer data was reported at 5,731.184 RMB mn in 2023. This records a decrease from the previous number of 12,245.792 RMB mn for 2022. Beijing: Real Estate: Sales Revenue: Land Transfer data is updated yearly, averaging 7,222.750 RMB mn from Dec 1994 (Median) to 2023, with 30 observations. The data reached an all-time high of 21,584.480 RMB mn in 2012 and a record low of 866.530 RMB mn in 1997. Beijing: 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: Beijing.
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China Land Transaction Amount: Year to Date: 40 City data was reported at 590,353.450 RMB mn in Oct 2018. This records an increase from the previous number of 496,531.610 RMB mn for Sep 2018. China Land Transaction Amount: Year to Date: 40 City data is updated monthly, averaging 218,453.850 RMB mn from Mar 2007 (Median) to Oct 2018, with 118 observations. The data reached an all-time high of 847,198.600 RMB mn in Dec 2017 and a record low of 27,286.000 RMB mn in Mar 2009. China Land Transaction Amount: Year to Date: 40 City 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.
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Real Estate Inv: Year to Date: Land Transaction Amount: Henan data was reported at 13,199.930 RMB mn in Dec 2022. This records an increase from the previous number of 10,793.090 RMB mn for Nov 2022. Real Estate Inv: Year to Date: Land Transaction Amount: Henan data is updated monthly, averaging 11,843.265 RMB mn from Jan 2011 (Median) to Dec 2022, with 144 observations. The data reached an all-time high of 53,486.790 RMB mn in Dec 2017 and a record low of 184.370 RMB mn in Feb 2021. Real Estate Inv: Year to Date: Land Transaction Amount: Henan 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: Monthly: Land Transaction: By Province.
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China Real Estate Industry: 35 City: Cost of Sales data was reported at 3,402,161.170 RMB mn in 2017. This records a decrease from the previous number of 3,482,409.990 RMB mn for 2016. China Real Estate Industry: 35 City: Cost of Sales data is updated yearly, averaging 1,505,449.060 RMB mn from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 3,482,409.990 RMB mn in 2016 and a record low of 71,679.400 RMB mn in 2005. China Real Estate Industry: 35 City: Cost of Sales 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 Enterprise Financial Data: City.
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Hunan: Real Estate: Cost of Sales data was reported at 292,999.060 RMB mn in 2022. This records a decrease from the previous number of 329,658.700 RMB mn for 2021. Hunan: Real Estate: Cost of Sales data is updated yearly, averaging 149,363.390 RMB mn from Dec 2004 (Median) to 2022, with 17 observations. The data reached an all-time high of 329,658.700 RMB mn in 2021 and a record low of 22,756.340 RMB mn in 2004. Hunan: Real Estate: Cost of Sales 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: Hunan.
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China Real Estate: State Owned: Sales Revenue: Other data was reported at 9,582.770 RMB mn in 2004. China Real Estate: State Owned: Sales Revenue: Other data is updated yearly, averaging 9,582.770 RMB mn from Dec 2004 (Median) to 2004, with 1 observations. China Real Estate: State Owned: Sales Revenue: Other 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: State Owned.
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China Real Estate: State Owned: Sales Revenue data was reported at 47,406.050 RMB mn in 2017. This records a decrease from the previous number of 56,940.540 RMB mn for 2016. China Real Estate: State Owned: Sales Revenue data is updated yearly, averaging 113,659.345 RMB mn from Dec 2004 (Median) to 2017, with 14 observations. The data reached an all-time high of 281,465.110 RMB mn in 2012 and a record low of 47,406.050 RMB mn in 2017. China Real Estate: State Owned: 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: State Owned.
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China Real Estate: Collective Owned: Sales Revenue: Other data was reported at 1,299.500 RMB mn in 2004. China Real Estate: Collective Owned: Sales Revenue: Other data is updated yearly, averaging 1,299.500 RMB mn from Dec 2004 (Median) to 2004, with 1 observations. China Real Estate: Collective Owned: Sales Revenue: Other 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: Collective Owned.
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China Real Estate: Collective Owned: Sales Revenue data was reported at 16,178.510 RMB mn in 2017. This records a decrease from the previous number of 23,497.770 RMB mn for 2016. China Real Estate: Collective Owned: Sales Revenue data is updated yearly, averaging 27,937.850 RMB mn from Dec 2004 (Median) to 2017, with 14 observations. The data reached an all-time high of 40,554.390 RMB mn in 2009 and a record low of 10,792.310 RMB mn in 2015. China Real Estate: Collective Owned: 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: Collective Owned.
The real estate transaction value is forecast to experience significant growth in all regions in 2029. From the selected regions, the ranking by real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market is forecast to be lead by China with *** trillion U.S. dollars. In contrast, the ranking is trailed by Saudi Arabia with ***** billion U.S. dollars, recording a difference of *** trillion U.S. dollars to China. The Statista Market Insights cover a broad range of additional markets.