Residential real estate sales value in China 2017-2023, with a forecast by 2028
The value of residential real estate transactions in China increased by over one trillion U.S. dollars between 2017 and 2023 and was forecast to continue to rise until 2028. According to data by Statista Market Insights, the value of home sales amounted to 2.7 trillion U.S. dollars in 2023. By 2028, this figure was forecast to reach 3.9 trillion U.S. dollars. China isĀ one of the 20 countries with the highest value of residential real estate transactions.