The Three Regions with the Most Falling House Prices in Suzhou

The three regions with the biggest price drop in Suzhou are High-tech Zone, Shishan Plate and Qiao Feng Plate. High-tech Zone is the area where Suzhou has the slowest population inflow and the industry can't keep up. Most of the residential areas where house prices have dropped by TOP 10 are in this area, and basically there are good school districts. Although the official tone has severely cracked down on speculation in school districts, the decline of such apartments and old and dilapidated small communities is more obvious, and their ability to resist risks is low.

2. Wujiang District

The three regions with the biggest price drop in Suzhou are Wujiang District, Tongli and Taihu New City. Among them, Wujiang District is the region with the largest decline in house prices in Suzhou, and the Hu Fen plate has the largest decline. The inventory of newly-built houses in Wujiang District is large and difficult to melt, and apartment products are even more hot. Tongli, Taihu New Town and Wujiang District are not popular, and the new houses are in large inventory, which is difficult to melt, and it is even more difficult to find the "pick-up man" of apartment products.

3. Xiangcheng District

Xiangcheng District is one of the three areas where house prices in Suzhou have fallen the most. Xiangcheng District has the highest decline, among which Wangting Weizi Garden has the largest decline. These communities are relatively old, with no transaction in the past 90 days, and even 1 month has only five visits. In the downturn of the market, the owners here have no choice but to sell their houses at reduced prices.