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August 14 – Rents at Grade A office buildings in Shanghai averaged ¥7.83/m2/day in Q2 2012, up 2.9% from the previous quarter and up 22.9% from a trough seen in Q2 2010, according to Savills. Grade A office rents in the city are projected to grow 11.5% for the whole of this year, Savills predicted.
http://www.cs.com.cn/xwzx/cj/201208/t20120813_3452060.html
August 14 – New home sales in Shanghai totaled 142,400m2 in floor space at an average price of ¥23,517/m2 in the week through August 12 2012, down 33.5% and 6.9% respectively from the previous week, according to joint figures from Ehousee.com and Youwin.com.cn.
http://finance.sina.com.cn/china/dfjj/20120814/080812840591.shtml
August 14 – New home sales in Shenzhen totaled 79,600m2 in floor space at an average price of ¥20,400/m2 in the week through August 12 2012, down 13.5% and 11.4% respectively from the previous week, according to the local land resources and planning body.
http://finance.ifeng.com/news/house/20120814/6913967.shtml
August 14 – New home sales in China's 54 largest cities totaled 57,333 units in the week through august 12 2012, down 7.2% from the previous week, according to Centaline Property, a leading Chinese real estate service provider.
http://finance.qq.com/a/20120814/001757.htm
August 13 – New home sales in Beijing totaled 25,000 units at an average price of ¥20,700/m2 in July, up 9.6% and down 3.2% respectively from the month before, according to the local real estate association.
http://finance.qq.com/a/20120813/000578.htm
August 13 – China started building 5.8 million cheap apartments for low income earners in the first seven months of 2012, the Ministry of Housing and Urban-Rural Development said. The amount represented 80% of the annual goal. Between January and July, 3.6 million such apartments were built, which accounted for 72% of the annual goal.
http://cn.reuters.com/article/chinaNews/idCNCNE87C00520120813
August 9 – Investment in China's real estate market rose 15.4% year on year to ¥3.68 trillion in the first seven months of 2012, where investment in residential property was up 10.7% to ¥2.52 trillion, according to the National Bureau of Statistics. Overall property sales were down 6.6% to 485.93 million m2, where residential space sales were down 7.5% to 430.78 million m2. Overall property sales revenue was down 0.5% to ¥2.87 trillion, where revenue from residential space was down 1.1% to ¥2.39 trillion. All declines were slower than in the first six months.
http://www.stats.gov.cn/tjfx/jdfx/t20120809_402826323.htm
August 8 – Home prices in Shanghai and Beijing averaged about ¥23,000/m2 and ¥21,000/m2 respectively in Q2 2012, according to Centaline Property.
http://finance.qq.com/a/20120808/000605.htm
$1 = ¥6.34
@2011 China Economy @ The China Perspective.
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