China’s National Housing Price sees a strong boost in Q3 and Q4 of 2009. The average housing price in 31 cities across the country is about 6800 RMB/square meter, which is about USD 1000/square meter. This is already the highest in the last three years. Based on such number, one need to pay about USD 100,000 for an apartment of 100 square meters. Given that China’s GDP per head is about USD 3000, it takes about 33 years for an average Chinese to own a flat.