New Home Sales in China increased to 41250 CNY Hundreds of millions in May from 28291 CNY Hundreds of millions in April of 2020.

New Home Sales in China averaged 23009.52 CNY Hundreds of millions from 1999 until 2020, reaching an all time high of 139440 CNY Hundreds of millions in December of 2019 and a record low of 78.19 CNY Hundreds of millions in February of 1999. This page provides - China Sales Value of Commercial Residential Buildings- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Sales Value of Commercial Residential Buildings - values, historical data and charts - was last updated on July of 2020. source: National Bureau of Statistics of China

New Home Sales in China is expected to be 42000.00 CNY Hundreds of millions by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate New Home Sales in China to stand at 141000.00 in 12 months time. In the long-term, the China Sales Value of Commercial Residential Buildings is projected to trend around 151500.00 CNY Hundreds of millions in 2021, according to our econometric models.

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China Sales Value of Commercial Residential Buildings

Actual Previous Highest Lowest Dates Unit Frequency
41250.00 28291.00 139440.00 78.19 1999 - 2020 CNY Hundreds of millions Monthly
Current Prices, NSA

China Housing Last Previous Highest Lowest Unit
Housing Index 4.90 5.10 12.60 -6.10 percent [+]
New Home Sales 41250.00 28291.00 139440.00 78.19 CNY Hundreds of millions [+]


China Sales Value of Commercial Residential Buildings
In China, commercial housing sales refers to the total contract price of the sale of new commercial housing during the reporting period (that is, the total contract price confirmed in the formal sales contract signed by both parties). This indicator shows cumulative data.