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China Index Academy: Residential Land Transaction Fees Surge Over 40% in Tier 1 and Tier 2 Cities in H1 2025
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Author：小编
During the first half of 2025, residential land transaction fees in 300 cities witnessed a robust year-on-year increase of 27.5%, despite a 5.5% decline in the transaction area. Notably, Tier 1 and Tier 2 cities experienced a surge of over 40% in these fees, contrasting with a modest decline in Tier 3 and Tier 4 cities. In terms of urban concentration, the top 20 cities nationwide accounted for a significant 68% of the total residential land transaction fees. Hangzhou and Beijing emerged as leading markets, with each city's fees exceeding 100 billion yuan. Hangzhou, in particular, is on track to match last year's annual level.
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