Home 禄 Business 禄 Real Estate
New home sales fall for 2nd week
Print Edition
SHANGHAI’S new home sales fell for the second consecutive week as buyers and developers adopted a wait-and-see stance, according to latest market data.
The purchases of new homes, excluding government-subsidized affordable housing, shrank 28.7 percent week on week to 146,900 square meters, Shanghai Uwin Real Estate Information Services Co said in a report released yesterday.
The average cost of the homes surged 17.9 percent from the previous seven-day period to 27,138 yuan (US$4,364) per square meter, Uwin data showed.
“A wait-and-see attitude among both homeseekers and real estate developers led to slack sales,” said Huang Zhijian, chief analyst at Uwin. “If new home supply remains weak over the coming weeks, then it is highly likely that April’s transactions will fall below March’s, which is somewhat unexpected.”
The new supply of homes in Shanghai tripled from the previous week to 172,300 square meters last week, but it was still below the weekly average of 234,100 square meters over the past 12 months.
- 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.
