Home 禄 Business 禄 Real Estate
Buyers shelve purchases of new homes
Print Edition
MORE home buyers in China shelved their purchase plans as strictly enforced restrictions to quell speculation continued to bite, resulting in slowing new property sales.
More than 3.66 trillion yuan (US$537 billion) of new homes, excluding government-subsidized affordable housing, were sold during the first five months of this year, up 15.3 percent annually, the National Bureau of Statistics said in a statement yesterday. But the growth slowed from a rise of 16.1 percent in the first four months and a gain of 20.2 percent in the first quarter.
The area of new homes sold during the five-month period rose 11.9 percent from a year earlier to 479.57 million square meters, slowing from a 13 percent increase in the first four months and a 16.9 percent gain from January to March, the bureau’s data showed.
Zhang Dawei, a chief analyst at Centaline Property, blamed the slowing home sales to tightening measures implemented in first and second-tier cities around the country, including stricter home purchase curbs, higher down-payment requirement and mortgage rate as well as a newly introduced lockup period for home sales.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
