Shanghai preview

China

Pricing Trends

Since 2002, prices for apartments and villas have risen an average of 30% per year – even more in the expat areas of Jinqiao, Gubei, and Hongqiao. Since the advent of the global economic crisis, prices have not fallen – in fact their levels have increased due to the Universal Expo. All experts agree that China, especially Shanghai, has a real state bubble.

Demand for living quarters in Shanghai will continue to be strong, given the lure of doing business in China by foreign corporations and due to the incessant Chinese spirit of using property investments as their preferre…