Total investment in residential buildings in Shanghai 1981-2021
In 2021, the total investment in residential housing in Shanghai reached 268.44 billion yuan, representing an increase of 9.5 percent from the previous year. Since the housing market reform of the 1990s, investments in residential real estate in Shanghai skyrocketed, from less than five billion yuan in 1991 to almost 45 billion yuan in 2000. The figure grew further at a moderate speed until 2008, before substantial investments poured into the real estate sector after the global financial crisis.