According to statistics from National Bureau of Statistics, Sanya commercial residential properties prices in May increased 0.3% month on month and dropped 2.1% from a year earlier, reports

Experts attributed the rise of house prices in May to the transactions concentrated in small-sized properties.

Among 70 selected large and medium cities, 9 cities saw the housing prices decline compared with that of April and 11 cities stood unchaged. Statistics showed that housing prices in Sanya was down 2.1% from a year earlier, the largest drop in record.

Besides, Sanya second-hand home prices in May stayed unchanged from one month ago and increased 0.3% from one year ago. 

Translated by WOS Team
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