Quarterly value of real estate housing mortgages in China 2018-2023

Published by
Daniel Slotta,
Jan 29, 2024
In the third quarter of 2023, the value of real estate housing mortgages in China was over 40 trillion yuan. Within two years, the value had increased by around six trillion yuan. Despite being aware of the risks entailed in an inflated market, Chinese policymakers found it difficult to reign in the real estate market. The industry made up a large share of China's economy.

Value of residential real estate mortgages in China from Q1 2018 to Q3 2023 (in trillion yuan)

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Release date

January 2024

Region

China

Survey time period

Q1 2018 to Q3 2023

Supplementary notes

Figures have been rounded.

One yuan equals 0.14 U.S. dollars and 0.13 euros (as of January 2024).

The source did not provide a publication date. The date used is the access date.

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