According to a report released by the Hainan Statistical Bureau on June 26th, the housing transaction area in Hainan in the first 5 months of the year reached to 4.448 million square meters with a sales volume of 46.25 billion yuan, up 46.2% and 48.1% over the same period last year, setting a new record in the recent four years.

Home transaction sales in Haikou have remained the highest among Hainan Island’s cities and counties in the January to May period, with a total transaction area of 946,500 square meters, up 70.2% over the same period last year. Sanya ranked 2nd in Hainan cities in terms of housing transaction areas.

Besides, western regions of Hainan island have been reporting rapid growth in housing transaction area, and Lingao county ranked No.1 in housing transaction volume growth, 15.5 times greater than in the previous year.

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