Finalized investments into residential real estate in major cities in China 2023

Published by
Wenyi Zhang,
Nov 18, 2024

In 2023, the value of completed investments into residential buildings in Shanghai amounted to almost 347 billion yuan. Large Chinese cities, such as Shanghai, Beijing, and Shenzhen, had a high demand for residential real estate.

Finalized investments into residential real estate in 35 large and medium-sized cities in China in 2023 (in billion yuan)

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Release date

October 2024

Region

China

Survey time period

2023

Supplementary notes

The values have been rounded to provide a better understanding of the statistic.

One yuan is approximately equal to 0.13 euros and 0.14 U.S. dollars (as of November 2024). 

In 2023, the total amount of finalized real estate investments amounted to around 5.66 trillion yuan.

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