The Top 10 Chinese Cities Where Real Estate Prices Could Plummet

Charles Liu , January 24, 2015 11:33am (updated)

ordos inner mongoliaChinese real estate values have been softening a bit lately, leading some to believe a crash in the market could be imminent.

While first-tier cities like Beijing, Shanghai, Guangzhou and Shenzhen may be more resilient, some other markets are particularly prone to a downturn, according to the chief economist for Guotai Jun’an Lin Cai.

Lin counts down a list of the cities most likely to see property prices plummet. Some of the names aren’t surprising, such as the ghost city of Ordos, but the list also contains shocking examples of second-tier cities.

The list doesn’t include any cities from Guangdong, but does include four cities from Zhejiang, the most from any province.

  1. Jinhua, Zhejiang
  2. Wenzhou, Zhejiang
  3. Yuncheng, Shanxi
  4. Taizhou, Zhejiang
  5. Ordos, Inner Mongolia
  6. Zhangzhou, Fujian
  7. Luohe, Henan
  8. Hangzhou, Zhejiang
  9. Datong, Shanxi
  10. Longyan, Fujian
  11. Handan, Hebei
  12. Wuxi, Jiangsu
  13. Quanzhou, Fujian
  14. Anyang, Henan
  15. Changzhou, Jiangsu

Photo: Anhui News

Charles Liu

The Nanfang's Senior Editor