Helped by their economic development and residents' stock-market wealth, Shanghai and Beijing accounted for most luxury home sales in China in the first half of the year. According to a report by Shanghai's Want China Times, with data fromTospur Real Estate Consulting, a total of 230 luxury homes, defined as properties priced over 50 million yuan (about $8 million), sold in China between January and June 2015. Shanghai and Beijing accounted for 84% of houses sold in that period. A total of 871 luxury homes changed hands from January 2010 through June 2015 in China. View the Beijing listing on Mansion Global. Follow Mansion Global on Facebook, Twitter and Instagram Write to us at info@mansionglobal.com
Shanghai and Beijing Dominate Luxury Sales in China
Over 80% of transactions took place in these two cities
This five-bedroom estate in a preservation area of downtown Beijing is listed for almost $96,5 million.
BEIJING SOTHEBY'S INTERNATIONAL REALTYThis five-bedroom estate in a preservation area of downtown Beijing is listed for almost $96,5 million.
BEIJING SOTHEBY'S INTERNATIONAL REALTY