According to the statistical data released by real estate office of Shenzhen government. July 2009, the new house price for Shenzhen reachs 16080RMB/Sqm, about 8.47% higher than June 2009, still 0.73% lower than last year.

But the statistical data also shows that the sales of July 2009 is about 548300 squaremeters, drops 17.4% comparing with June 2009. The sales goes up 141% than last year.