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Haikou Housing Price Continued to Soar

02-21 16:43 Caijing

the housing price in Haikou, capital of Hainan province rose 31.8 percent over the same period the previous year

According to Xinhua News Agency, the housing price Jan. in Haikou, capital of Hainan province rose 31.8 percent over the same period the previous year; the house price appreciation set a new record by an increase of 21.9 percent, reporter learned from Haikou Investigation team of National Bureau of Statistics of China.

Statistic shows that in Jan., the sale price increased by 19.5 percent than that of last month. Second-hand houses were sold at an increasing price of 29.5 percent while the price of the newly built commercial houses jumped higher by 33 percent year on year and a ring growth of 19.1 percent. Among them, the year-on-year up of ordinary residential buildings is 37.8 percent and the ring growth 20 percent; luxury residential buildings gained an increase of 29.3 percent in price and luxury apartments rose by 31.5 year on year and 17.5 percent than last month.

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