According to data released by the CIA today, in August of this year, residential land concessions in 300 cities across the country were 145.7 billion yuan, an increase of 37% over the previous year. The increase was mainly driven by the entry into the market of many high-value land plots in core cities such as Beijing, Shanghai, and Guangzhou. Cumulatively, from January to August 2026, residential land concessions in 300 cities amounted to 885.9 billion yuan, a year-on-year decrease of 21.1%. In terms of premium rates, from January to August 2026, the average premium rate for residential land in 300 cities was 9.5%, and the average monthly premium rate for August was 7.4%.

According to data released by the CIA today, in August of this year, residential land concessions in 300 cities across the country were 145.7 billion yuan, an increase of 37% over the previous year. The increase was mainly driven by the entry into the market of many high-value land plots in core cities such as Beijing, Shanghai, and Guangzhou. Cumulatively, from January to August 2026, residential land concessions in 300 cities amounted to 885.9 billion yuan, a year-on-year decrease of 21.1%. In terms of premium rates, from January to August 2026, the average premium rate for residential land in 300 cities was 9.5%, and the average monthly premium rate for August was 7.4%.