In 2023, the total value of personal housing loans in Shanghai exceeded **** trillion yuan, representing a decrease from the previous year. With the city’s housing market being incredibly competitive in the past two decades, the total value of mortgage loans in the city has increased by more than ** times since the turn of the century.Â
A competitive housing market
As the economic capital of China, Shanghai has long been attractive to talents throughout the country, resulting in strong growth in its population. Since the housing reform in the 1990s, the price of homes in Shanghai has risen continuously, with housing in the city’s center becoming one of the most expensive in the world.
High mortgage rates
The increase in prices fueled intense speculations in the city’s housing market, with many residents resorting to mortgages to get on the housing ladder. Although the average mortgage rate in Shanghai is one of the lowest in China, it is still far higher than that in most other major economies. The consistent rise of the total mortgage value in Shanghai can potentially harm the financial security of the country and the region.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
Shanghai Municipal Statistics Bureau. (March 31, 2025). Total value of personal housing mortgage loans in Shanghai, China from 2001 to 2023 (in billion yuan) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1326312/china-value-of-personal-housing-loans-in-shanghai/
Shanghai Municipal Statistics Bureau. "Total value of personal housing mortgage loans in Shanghai, China from 2001 to 2023 (in billion yuan)." Chart. March 31, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1326312/china-value-of-personal-housing-loans-in-shanghai/
Shanghai Municipal Statistics Bureau. (2025). Total value of personal housing mortgage loans in Shanghai, China from 2001 to 2023 (in billion yuan). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1326312/china-value-of-personal-housing-loans-in-shanghai/
Shanghai Municipal Statistics Bureau. "Total Value of Personal Housing Mortgage Loans in Shanghai, China from 2001 to 2023 (in Billion Yuan)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 31 Mar 2025, /statistics/1326312/china-value-of-personal-housing-loans-in-shanghai/
Shanghai Municipal Statistics Bureau, Total value of personal housing mortgage loans in Shanghai, China from 2001 to 2023 (in billion yuan) ÌÇÐÄÆƽâ°æ, /statistics/1326312/china-value-of-personal-housing-loans-in-shanghai/ (last visited July 31, 2026)
Total value of personal housing mortgage loans in Shanghai, China from 2001 to 2023 (in billion yuan) [Graph], Shanghai Municipal Statistics Bureau, March 31, 2025. [Online]. Available: /statistics/1326312/china-value-of-personal-housing-loans-in-shanghai/
