Home 禄 Business 禄 Real Estate
Existing housing index slips
By Cao Qian |
April 6, 2012, Friday
|
Print Edition
Print Edition
SHANGHAI'S existing housing index fell for the sixth straight month in March, with nearly 60 percent of monitored areas recording value decreases.
The index, which tracks price variations of previously occupied homes, lost 0.13 percent from February to 2,577 points last month, the Shanghai Existing House Index Office said yesterday. "Transaction volume of used homes rebounded last month amid recovering demand from end-users though a sustainable recovery is yet to be confirmed," said Zhang Shu, an analyst at the office. "A revised criteria for 'normal' housing that went into effect in March also helped trigger sentiment among home seekers."
Purchases of previously owned properties, mainly houses, should reach 16,000 units last month, the highest since January 2011, estimated Lu Qilin, a researcher of Shanghai Deovolente Realty Co. That compared with some 10,000 units sold in February.
The index, which tracks price variations of previously occupied homes, lost 0.13 percent from February to 2,577 points last month, the Shanghai Existing House Index Office said yesterday. "Transaction volume of used homes rebounded last month amid recovering demand from end-users though a sustainable recovery is yet to be confirmed," said Zhang Shu, an analyst at the office. "A revised criteria for 'normal' housing that went into effect in March also helped trigger sentiment among home seekers."
Purchases of previously owned properties, mainly houses, should reach 16,000 units last month, the highest since January 2011, estimated Lu Qilin, a researcher of Shanghai Deovolente Realty Co. That compared with some 10,000 units sold in February.
- 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.
