New Home Sales in China increased to 154567 CNY HML in December from 133247 CNY HML in November of 2020. source: National Bureau of Statistics of China

New Home Sales in China averaged 25353.55 CNY HML from 1999 until 2020, reaching an all time high of 154567 CNY HML in December of 2020 and a record low of 78.19 CNY HML 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 March of 2021.

New Home Sales in China is expected to be 19000.00 CNY HML 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 160500.00 in 12 months time. In the long-term, the China Sales Value of Commercial Residential Buildings is projected to trend around 165500.00 CNY HML in 2022 and 170000.00 CNY HML in 2023, according to our econometric models.

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China Sales Value of Commercial Residential Buildings

Actual Previous Highest Lowest Dates Unit Frequency
154567.00 133247.00 154567.00 78.19 1999 - 2020 CNY HML Monthly
Current Prices, NSA

China Housing Last Previous Highest Lowest Unit
Housing Index 3.90 3.80 12.60 -6.10 percent [+]
New Home Sales 154567.00 133247.00 154567.00 78.19 CNY HML [+]


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.