Shanghai Tops China's 10 Hottest Cities With RMB 62.9 Billion in Top-10 Sales

From January to August 2026, the top 10 projects in Shanghai recorded combined sales of about RMB 62.9 billion, ranking first among the 10 hot cities. Shenzhen's top 10 projects ranked second with about RMB 61.8 billion. Beijing, Hangzhou and Guangzhou followed in third to fifth place with about RMB 37.8 billion, RMB 34.8 billion and RMB 31.4 billion, respectively. The top 10 projects in the four first-tier cities together recorded sales approaching RMB 200 billion, a level last seen in 2000, according to the China Index Academy. The figure was not reached in the intervening years until 2026, the data showed. The comparison underscores Shanghai's return to the top spot, overtaking Shenzhen, while the four first-tier cities' top 10 projects approached RMB 200 billion in combined sales, a threshold not seen since 2000, the China Index Academy said. The data covered January to August 2026 and compared the 10 hot cities tracked by the China Index Academy, with Shanghai's top 10 projects at about RMB 62.9 billion, Shenzhen's at about RMB 61.8 billion, Beijing's at about RMB 37.8 billion, Hangzhou's at about RMB 34.8 billion and Guangzhou's at about RMB 31.4 billion. The China Index Academy reported the figures for January to August 2026, showing Shanghai's top 10 projects at about RMB 62.9 billion, ahead of Shenzhen's about RMB 61.8 billion, with Beijing at about RMB 37.8 billion, Hangzhou at about RMB 34.8 billion and Guangzhou at about RMB 31.4 billion, while the four first-tier cities' top 10 projects combined reached nearly RMB 200 billion, a level not seen since 2000. From January to August 2026, three projects among the 10 hot cities each recorded cumulative sales of more than RMB 10 billion: Shanghai's Yunqi Binjiang at about RMB 17.46 billion, Shenzhen Bay Yunxi at about RMB 15.75 billion and Shenzhen CITIC Chengkai Xinyue Bay at about RMB 13.07 billion. A total of 10 projects recorded cumulative sales of more than RMB 5 billion, while 37 projects exceeded RMB 3 billion, including 10 in Shanghai, seven in Shenzhen, seven in Beijing, six in Hangzhou, four in Guangzhou, two in Chengdu and one in Suzhou. Among the leading projects, Shanghai's Anlan Shanghai and Lujiazui Taikoo Yuan Yuan Di recorded cumulative sales of about RMB 7.26 billion and RMB 7.23 billion, respectively. Shenzhen's Guanchao and Hongrongyuan Jiayu Jiuxi recorded about RMB 7.99 billion and RMB 5.71 billion, respectively. Beijing's Runyuan recorded about RMB 6.21 billion, ranking first in the Beijing market. Hangzhou's top 10 projects recorded combined sales of about RMB 34.8 billion, higher than Guangzhou's about RMB 31.4 billion, ranking fourth. Chengdu's top 10 projects recorded combined sales of about RMB 18.3 billion, including Luhu Ecological City at about RMB 4.2 billion and Jianfa Haiyao at about RMB 3.39 billion. Suzhou, Chongqing, Changsha and Zhuhai's top 10 projects recorded combined sales of about RMB 15.1 billion, RMB 10.3 billion, RMB 9.2 billion and RMB 7.2 billion, respectively.