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Shanghai became the top city for real estate investment in Asia Pacific in Q4 2016, according to figures published by JLL. Thanks to a steady stream of transactions at the end of the year, it ranked number five globally as a real estate investment market in 2016, with New York at number one followed by …
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The average cost of new homes rose to a record in Shanghai last week but buying sentiment remained stable, according to latest market data. New homes, excluding government-subsidized affordable housing, were sold for an average of 41,259 yuan (US$6,180) per square meter, up 4.9 percent from the previous seven-day period and the highest ever registered …
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