The district in Yinchuan with the highest housing prices is the Hedong District. This area has seen a significant surge in property values due to its strategic location, development initiatives, and amenities. According to the latest data from the Yinchuan Real Estate Regulatory Bureau, Hedong District has experienced a year-over-year increase of 15% in average housing prices, reaching approximately $1,200 per square meter. This upward trend can be attributed to several factors.

Firstly, Hedong District is situated in the central part of Yinchuan, making it a prime location for both residents and businesses. Its central position offers easy access to major transportation routes, including the city's central business district, government buildings, and educational institutions. This convenience has made the district a preferred choice for those seeking a central living or working environment.

Secondly, the government's focus on urban development and infrastructure improvements has played a crucial role in driving up property values in Hedong District. Recent investments in public transportation, parks, and recreational facilities have enhanced the overall quality of life, attracting more residents and investors to the area. For instance, the newly constructed Yinchuan Metro Line passes through Hedong District, providing a convenient and efficient mode of transportation for its inhabitants.

Furthermore, the district is home to several high-end residential complexes and luxury apartments, which have contributed to the high housing prices. These developments often feature modern amenities, such as swimming pools, fitness centers, and security systems, making them desirable for upscale buyers. The presence of such luxury housing options has driven up the average price per square meter in the district.

Additionally, Hedong District has a strong educational infrastructure, with several renowned schools and universities located within its boundaries. This has made the district an attractive choice for families seeking quality education for their children. The demand for housing in close proximity to these educational institutions has further pushed up property values.

In conclusion, Hedong District in Yinchuan has the highest housing prices due to its central location, government-led development initiatives, high-end residential complexes, and strong educational infrastructure. These factors have combined to create a highly desirable living environment, driving up property values in the district.