Friday, June 15, 2007

US Top Cities with the Highest Appreciation and Sale price

25 Top Cities with the highest Sale price appreciation (median 2004-2005)

1 Providence, RI 52.4%
2 Avondale, AZ 43.2%
3 Bakersfield, CA 42.8%
4 Madera, CA 41.9%
5 Visalia, CA 41.7%
6 Cape Coral, FL 41.0%
7 Gilbert, AZ 40.5%
8 Florence-Graham, CA 40.0%
9 Surprise, AZ 39.8%
10 Highland, CA 39.8%
11 San Bernardino, CA 39.5%
12 Apple Valley, CA 37.9%
13 Coconut Creek, FL 36.4%
14 Lauderhill, FL 36.4%
15 Dundalk, MD 36.3%
16 Compton, CA 36.0%
17 Hesperia, CA 34.9%
18 Casas Adobes, AZ 34.7%
19 Glendale, AZ 34.7%
20 Merced, CA 34.7%
21 Chandler, AZ 34.5%
22 Port St. Lucie, FL 34.4%
23 Peoria, AZ 34.3%
24 Palm Bay, FL 34.3%
25 Honolulu, HI 34.2%

25 US Cities with the highest Median home sale price 2005
1 Newport Beach, CA $1,362,500
2 Greenwich, CT $1,129,000
3 Santa Barbara, CA $979,500
4 Palo Alto, CA $929,000
5 Cupertino, CA $880,000
6 Goleta, CA $870,000
7 San Clemente, CA $848,500
8 Bethesda, MD $790,000
9 Pleasanton, CA $785,000
10 Santa Monica, CA $784,000
11 Redondo Beach, CA $777,500
12 Redwood City, CA $767,500
13 San Francisco, CA $755,000
14 Yorba Linda, CA $750,000
15 San Rafael, CA $745,000
16 Encinitas, CA $742,500
17 San Ramon, CA $725,000
18 San Mateo, CA $720,000
19 Arcadia, CA $703,000
20 Santa Cruz, CA $690,000
21 South San Francisco, CA $690,000
22 Berkeley, CA $683,500
23 Alameda, CA $682,500
24 Carlsbad, CA $680,000
25 Huntington Beach, CA $678,500

Tuesday, June 12, 2007

So Far, Total Government Investment in Real Estate Hit 80 Billion Yuan in China


The Chinese real estate industry has been experiencing wonderful growth over the last years due to the relatively steady good economy. China is expected to increase 5.5 to 6 billion square meters of housing floor space, or 70 million sets of houses in the coming ten years. The Chinese government has taken real estates industry as a new drive for its economic growth, and has taken various measures to support the industry. So far, total investment in real estate hit 80 billion yuan in China, accounting for 25 percent of the social fixed asset investment.