|
CHINA> National
![]() |
|
Total value of housing in China may exceed 90 trillion yuan
(chinadaily.com.cn)
Updated: 2009-09-15 15:13 The total value of housing in China may be more than 90 trillion yuan ($13.18 trillion), 200 percent more than China's GDP, the China Securities Journal reported.
According to the financial information provider Wind Info, the apartments sold between 2007 and now totaled 1.877 billion sq m. Therefore, the total building area of urban housing in China is 17.51 billion sq m. The China Securities Journal said the average urban housing price is 4,312 yuan (US$631), which means the value of the country's urban housing approximated to 75.5 trillion yuan (US$11.05 trillion). The newspaper estimated the current total area of housing in the rural areas to be 22.8 billion sq m and the total value of rural housing to be 15.98 trillion yuan (US$2.33 trillion). Adding together the value of urban housing and rural housing, the total value of housing in China could be more than 90 trillion yuan. |
桦南县| 高陵县| 彭水| 合水县| 东海县| 武川县| 阿克| 揭东县| 彰化县| 翁源县| 嘉峪关市| 屯留县| 杭锦旗| 宿州市| 水富县| 尉犁县| 邵东县| 南丰县| 东源县| 鹤峰县| 青冈县| 平武县| 手游| 石嘴山市| 赤峰市| 长汀县| 刚察县| 台中县| 军事| 东丰县| 张家港市| 镇远县| 临高县| 白水县| 比如县| 济宁市| 和静县| 台湾省| 静乐县| 阿尔山市| 台前县|