Langstaff Gateway Condos location . Chinese house price vs Canadian house price? Half of the world’s top 10 cities with the highest housing prices in 2019 are in Asia.Please Visit: Langstaff Gateway Condos location to Get Your VVIP Registration Today!
Among them, Hong Kong, China, has the highest house prices in the world, at US $1.2544 million (about C $1.68 million). Housing prices in Shanghai, Shenzhen and Beijing are US $905800 (about C $1.21 million), US $783900 (about C $1.05 million) and US $763500 (about C $1.025 million), respectively.
Vancouver ranked seventh with US $754600 (C $1.003618 million), while Toronto ranked 12th with US $617900 (C $821800).
In April 2010, the house price is 19570 yuan per square meter in Beijing, 22378 yuan per square meter in Shanghai, 11689 yuan per square meter in Guangzhou and 20250 yuan per square meter in Shenzhen.
In July 2015, the house price is 27680 yuan per square meter in Beijing, 29958 yuan per square meter in Shanghai, 15876 yuan per square meter in Guangzhou and 36210 yuan per square meter in Shenzhen.
During the five-year regulation period, housing prices rose 23.27% in Beijing, 25.53% in Shanghai, 42.00% in Guangzhou and 61.19% in Shenzhen (4.23% in Beijing, 4.64% in Shanghai, 7.64% in Guangzhou and 11.13% in Shenzhen). According to this, it is estimated that by 2022, the house price in Beijing is about 48522 yuan / square meter, the house price in Shanghai is about 59315 yuan / square meter, the house price in Guangzhou is about 23394 yuan / square meter, and the house price in Shenzhen is about 89234 yuan / square meter.
Let’s take a look at Canada, Toronto and Vancouver are all cities with rapid house price appreciation, especially after Vancouver levied an additional 15% transfer tax on overseas people. Toronto house prices surpassed Vancouver all the way. It is estimated that the amount of investment will be about 1148420 yuan or 1630720 yuan, which is 10 million lower than that in China. But we can see that when the amount of investment in Guangzhou is similar to that in Vancouver, the return on investment in Vancouver is more than double.