Home 禄 Business 禄 Real Estate
Existing home sales dip to 24-month low
Print Edition
SALES of pre-owned homes in Shanghai fell to the lowest in 24 months in February amid an insufficient supply and a divergent market outlook by buyers and sellers.
The purchases of existing homes totaled 11,612 units across the city last month, a monthly fall of 18.9 percent and a year-on-year drop of 20.4 percent, Shanghai Deovolente Realty Co said in a latest report.
“A sluggish momentum extended for the fifth straight month in Shanghai in February, which is itself a traditional slack season for home sales,” said Huang Hetao, deputy director of research at Century 21 China Real Estate.
“The supply of existing homes fell quite notably after an extremely robust 2013 while some individual landlords and homeseekers seemed to have rather different expectations on housing prices.”
The average cost of the pre-owned houses fell 4 percent from January to 19,612 yuan (US$3,205) per square meter last month, but this was up 14.5 percent from a year earlier.
The Pudong New Area and districts of Minhang and Baoshan again led others by transaction volume, according to Century 21 research.
- 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.
