In 2023, the total value of residential housing sold in Shanghai, China surpassed 670 billion yuan, slightly decreasing from the previous year. This growth was mainly fueled by the significant price rise in residential housing in the city. In 2017, the government of Shanghai introduced several strict regulations on the housing market, intending to curb speculations. The policies resulted in a sharp decline in the market between 2016 and 2017, while also causing further price increases in the years that followed.
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Value of commodity residential housing sold in Shanghai, China in selected years from 1995 to 2023
(in billion yuan)
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Shanghai Municipal Statistics Bureau. (March 31, 2025). Value of commodity residential housing sold in Shanghai, China in selected years from 1995 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved June 18, 2025, from https://www.statista.com/statistics/1325811/china-value-of-residential-housing-sold-in-shanghai/
Shanghai Municipal Statistics Bureau. "Value of commodity residential housing sold in Shanghai, China in selected years from 1995 to 2023 (in billion yuan)." Chart. March 31, 2025. Statista. Accessed June 18, 2025. https://www.statista.com/statistics/1325811/china-value-of-residential-housing-sold-in-shanghai/
Shanghai Municipal Statistics Bureau. (2025). Value of commodity residential housing sold in Shanghai, China in selected years from 1995 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: June 18, 2025. https://www.statista.com/statistics/1325811/china-value-of-residential-housing-sold-in-shanghai/
Shanghai Municipal Statistics Bureau. "Value of Commodity Residential Housing Sold in Shanghai, China in Selected Years from 1995 to 2023 (in Billion Yuan)." Statista, Statista Inc., 31 Mar 2025, https://www.statista.com/statistics/1325811/china-value-of-residential-housing-sold-in-shanghai/
Shanghai Municipal Statistics Bureau, Value of commodity residential housing sold in Shanghai, China in selected years from 1995 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1325811/china-value-of-residential-housing-sold-in-shanghai/ (last visited June 18, 2025)
Value of commodity residential housing sold in Shanghai, China in selected years from 1995 to 2023 (in billion yuan) [Graph], Shanghai Municipal Statistics Bureau, March 31, 2025. [Online]. Available: https://www.statista.com/statistics/1325811/china-value-of-residential-housing-sold-in-shanghai/
