Xiamen's housing price ranks 5th in China at 18,747 yuan/m² in May
According to a report published by letfind.com, a Xiamen-based real estate website, Xiamen's new house prices ranked 5th in China with an average price of 18,747 yuan /m² in 2015. The top 10 cities with the highest new house prices in China in 2015 were:
1. Beijing, with an average new house price of 32,131 yuan /m² and a month-on-month increase of 2.12%.
2. Shanghai, with an average new house price of 31,670 yuan /m² and a month-on-month increase of 1.13%.
3. Shenzhen, with an average new house price of 30,615 yuan /m² and a month-on-month increase of 0.08%.
4. Sanya, with an average new house price of 25,046 yuan /m² and a month-on-month increase of 0.60%.
5. Xiamen, with an average new house price of 18, 747yuan /m² and a month-on-month increase of 0.49%.
6. Guangzhou, with an average new house price of 18, 484yuan /m² and a month-on-month increase of 1.02%.
7. Hangzhou, with an average new house price of 18, 208yuan /m² and a month-on-month increase of 0.87%.
8. Fuzhou, with an average new house price of 15, 569yuan /m² and a month-on-month increase of 0.12%.
9.Wenzhou, with an average new house price of 14, 870yuan /m² and a month-on-month increase of 0.98%.
10. Nanjing, with an average new house price of 13, 877yuan /m² and a month-on-month increase of 0.12%.
Why Xiamen
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Xiamen is one of the most economically competitive cities in China and was one of the first Special Economic Zones on the Chinese mainland. As a vice-provincial city independently listed on the State development plan, it has provincial-level authority in economic administration and local legislative power. In 2010, the Xiamen SEZ was expanded to cover the entire municipality. Today, Xiamen is a modern and international port city.