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<CN Home>CIA Predicts Total National Urban Housing Demand to Be ~4.98B Square Meters Over Next 5 Yrs
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Over the next five years, although the peak total volume of the new home market has passed, the annual increase in the urban population across China will remain substantial, Shanghai Securities News quoted the latest report named Calculation of China's Housing Demand Space (2026-2030) from the China Index Academy (CIA) as forecasting. Markets in high-tier cities experiencing sustained population inflows still hold potential, with the total urban housing demand nationwide estimated at approx. 4.98 billion square meters. Based on a conversion rate of 70-80%, the annual average sales area of newly built commercial housing over the next five years is expected to be 700-800 million square meters. AASTOCKS Financial News Website: www.aastocks.com |
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