November 15 – New home sales in Shanghai totaled 99,400m2 at an average price of ¥20,776/m2 in the week ending November 13, 2011, up 5.9% and down 11.8% respectively from the previous week, according to Youwin.com.cn.
November 15 – New home sales in Shenzhen totaled 29,600m2 at an average price of ¥19,455/m2 in the week ending November 13, 2011, down 32.6% and 2.3% respectively from the previous week, according to the local land resource administration.
November 15 – 29 of China's 35 largest cities saw a decline in home purchases and nine cities saw drops in sales volume of 50% or more in the week ending November 13, 2011, according to the China Index Academy.
November 14 – Overall property sales in Beijing declined 13.9% year on year to 10.08 million m2 in the first 10 months, including 6.97 million m2 of residential properties, which were down 17.8% from a year earlier, according to the local statistics bureau.
November 14 – New and second-hand home prices in Beijing averaged ¥20,670/m2 and ¥17,100/m2 respectively in October, down 8.5% and 2.5% respectively from the previous month, according to the Beijing Real Estate Association.
November 11 – The amount of commercial real estate available for sale in Shanghai climbed to 10.29 million m2 as of the end of October 2011, including 5.98 million m2 of shopping space and 4.31 million m2 of office space, according to Century21 China.
November 11 – China's real estate market, including property developers and mortgage payers, owed ¥10.46 trillion to banks as of the end of September 2011, according to Liu Mingkang, director of the China Banking Regulatory Commission.
November 11 – There were 43.47 million m2 of residential spaces available for sale in China's eight regional centers as at the end of August 2011, up 35.4% from a year ago, according to E-House China Holdings Ltd (NYSE: EJ). The combined stockpile for the top four cities, Shanghai, Beijing, Guangzhou and Shenzhen, was up 38% to 27.8 million m2.
November 10 – Almost 130,000ha of land will be supplied for residential development this year, up 10% from last year, the Ministry of Land and Resources predicted.
November 8 – China's home prices will fall by as much as 30% in 2012, driven by the government's housing curbs, Bloomberg reported, citing Barclays Capital Research. This correction in the property market will have an impact on the country's economic growth, though is unlikely to lead to a financial meltdown.
$1 = ¥6.35
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