[Residential land transfer fees in 300 cities in August were 145.7 billion yuan, a year-on-year increase of 37%] September 11th, according to data released today by the China Index Institute, in August this year, residential land transfer fees in 300 cities across the country were 145.7 billion yuan, a year-on-year increase of 37%. The growth was mainly driven by the entry of many high-priced land parcels into the market in core cities such as Beijing, Shanghai, and Guangzhou. Cumulatively, from January to August 2026, residential land transfer fees in 300 cities were 885.9 billion yuan, a year-on-year decrease of 21.1%. In terms of premium rate, from January to August 2026, the average premium rate for residential land in 300 cities was 9.5%, and the average monthly premium rate in August was 7.4%. (Reporter Wang Haichun)