Home 禄 Business 禄 Real Estate
House buying plunges over Qingming break
By Cao Qian |
April 9, 2013, Tuesday
|
Print Edition
Print Edition
SHANGHAI saw a plunge in home buying last week partly due to the three-day Qingming Festival.
Excluding government-funded affordable homes, sales dived 60 percent from a week ago to 173,500 square meters, Shanghai Deovolente Realty Co said.
"The three-day holiday obviously affected property purchases while at the same time abated demand among home seekers following extremely hot sales over the past month also led to the drop," said Lu Qilin, a researcher at Deovolente, yesterday.
Meanwhile the average cost of the new homes climbed 3.9 percent from the previous seven-day period to 25,249 yuan (US$4,020) per square meter amid robust sales of mid to high-end houses.
New homes priced above 30,000 yuan per square meter took up a quarter of the city's total sales booked over the seven days ended on Sunday, Deovolente said.
Excluding government-funded affordable homes, sales dived 60 percent from a week ago to 173,500 square meters, Shanghai Deovolente Realty Co said.
"The three-day holiday obviously affected property purchases while at the same time abated demand among home seekers following extremely hot sales over the past month also led to the drop," said Lu Qilin, a researcher at Deovolente, yesterday.
Meanwhile the average cost of the new homes climbed 3.9 percent from the previous seven-day period to 25,249 yuan (US$4,020) per square meter amid robust sales of mid to high-end houses.
New homes priced above 30,000 yuan per square meter took up a quarter of the city's total sales booked over the seven days ended on Sunday, Deovolente said.
- 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.
