Copyright 2024 - Ningbo Life / Ningbo Expat

Residential housing price down by 0.1% in Ningbo

According to the newly released statistics by China Index Academy, the average price for the surveyed commercial housing was 13283 yuan per square meter in May, slightly down by 0.1% compared with that in April.

Judged from the statistics, the average price for residential housing has not changed much, remaining at 13200 yuan per square meter. Allegedly, the statistics mainly come from the quotation from housing developers. The samples are all residential housing with the construction scale of 30,000 square meters and above and sold part less than 95%.

While according to the latest statistics from the monitoring center of www.soufun.com,, the average price for commercial housing in the six urban districts stood at 11530 yuan per square meter in May, down by 7.65% over the last month, a new low over the past year. It is learned that the statistics are based on the prices of the actually sold houses. It is said in the report that the top ten commercial housing buildings are mainly those with large price reduction, with the largest reduction standing at 4000 yuan per square meter, which pulled down the overall average price in May

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