August 14 – Rents at Grade A office buildings in Shanghai averaged ¥7.83/m2/day in Q2 2012, up 2.9% from the previous quarter and up 22.9% from a trough seen in Q2 2010, according to Savills. Grade A office rents in the city are projected to grow 11.5% for the whole of this year, Savills predicted.
August 14 – New home sales in Shanghai totaled 142,400m2 in floor space at an average price of ¥23,517/m2 in the week through August 12 2012, down 33.5% and 6.9% respectively from the previous week, according to joint figures from Ehousee.com and Youwin.com.cn.
August 14 – New home sales in Shenzhen totaled 79,600m2 in floor space at an average price of ¥20,400/m2 in the week through August 12 2012, down 13.5% and 11.4% respectively from the previous week, according to the local land resources and planning body.
August 14 – New home sales in China's 54 largest cities totaled 57,333 units in the week through august 12 2012, down 7.2% from the previous week, according to Centaline Property, a leading Chinese real estate service provider.
August 13 – New home sales in Beijing totaled 25,000 units at an average price of ¥20,700/m2 in July, up 9.6% and down 3.2% respectively from the month before, according to the local real estate association.
August 13 – China started building 5.8 million cheap apartments for low income earners in the first seven months of 2012, the Ministry of Housing and Urban-Rural Development said. The amount represented 80% of the annual goal. Between January and July, 3.6 million such apartments were built, which accounted for 72% of the annual goal.
August 9 – Investment in China's real estate market rose 15.4% year on year to ¥3.68 trillion in the first seven months of 2012, where investment in residential property was up 10.7% to ¥2.52 trillion, according to the National Bureau of Statistics. Overall property sales were down 6.6% to 485.93 million m2, where residential space sales were down 7.5% to 430.78 million m2. Overall property sales revenue was down 0.5% to ¥2.87 trillion, where revenue from residential space was down 1.1% to ¥2.39 trillion. All declines were slower than in the first six months.
August 8 – Home prices in Shanghai and Beijing averaged about ¥23,000/m2 and ¥21,000/m2 respectively in Q2 2012, according to Centaline Property.
$1 = ¥6.34