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House prices in China; second-hand house price index, Shanghai (2003=1000)
Economics Team | June, 15, 2018
House prices in Shanghai, China. Ehomeday, a major real estate portal based in Shanghai, produces a monthly house price index of second-hand houses in Shanghai, as well as several other cities. The National Bureau of Statistics China (NBSC) has recently made several adjustments in the calculation of their price index of newly constructed residential buildings. It is based on the transaction records from city-level housing departments. The available data began in January 2011.
House price change (Shanghai) nominal and inflation-adjusted (
% change over a year earlier
Quarterly Change in house prices
|% change over a quarter (QoQ)|
This table shows the change in house prices during a single quarter.
The figures are not adjusted for inflation, so may overstate house price rises (or understate declines).
Four quarter's house price changes may NOT sum to the annual (year-on-year) change in house prices, for statistical reasons.