Related News
Home 禄 Business 禄 Real Estate
Home sales drop to 7-week low
By Cherry Cao |
April 9, 2012, Monday
|
Online Edition
Online Edition
NEW home sales in Shanghai dropped to the lowest in seven weeks, mainly affected by the Qingming Festival.
Purchases of new homes, excluding government-funded affordable housing, dived 52 percent from a week earlier to 107,300 square meters during the seven-day period ended Sunday, according to research released today by Shanghai Deovolente Realty Co.
"Transactions of new residential properties plunged last week amid slack momentum during the three-day holiday," said Lu Qilin, a researcher at Deovolente. "It was even lower than the average weekly volume recorded in the city so far this year."
Between April 2 and April 4, only 24,700 square meters of new houses were sold across the city, Deovolente data showed.
New houses were sold for an average 21,871 yuan (US$3,472) per square meter, a week-on-week increase of 3.9 percent.
Purchases of new homes, excluding government-funded affordable housing, dived 52 percent from a week earlier to 107,300 square meters during the seven-day period ended Sunday, according to research released today by Shanghai Deovolente Realty Co.
"Transactions of new residential properties plunged last week amid slack momentum during the three-day holiday," said Lu Qilin, a researcher at Deovolente. "It was even lower than the average weekly volume recorded in the city so far this year."
Between April 2 and April 4, only 24,700 square meters of new houses were sold across the city, Deovolente data showed.
New houses were sold for an average 21,871 yuan (US$3,472) per square meter, a week-on-week increase of 3.9 percent.
- 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.
