Home » Business » Real Estate
Sales of new homes stay stable
By Cao Qian |
May 10, 2011, Tuesday
|
Print Edition
Print Edition
SHANGHAI'S new home sales market remained stable last week in both volume and price.
Sales of new homes, excluding those built under the city's affordable housing programs, totaled 170,100 square meters between May 2 and 8, a weekly rise of 1.5 percent, according to a report released yesterday by China Real Estate Information Corp.
The average price rose 3.5 percent to 19,995 yuan (US$3,076) per square meter.
Sales of mid- to low-end residential properties seemed to pick up during the past week with seven out of the 10 best-selling projects by area priced at lower than 20,000 yuan per square meter.
About 120,000 square meters of new homes sold last week citywide cost less than 20,000 yuan per square meter, CRIC data showed.
Sales of new homes, excluding those built under the city's affordable housing programs, totaled 170,100 square meters between May 2 and 8, a weekly rise of 1.5 percent, according to a report released yesterday by China Real Estate Information Corp.
The average price rose 3.5 percent to 19,995 yuan (US$3,076) per square meter.
Sales of mid- to low-end residential properties seemed to pick up during the past week with seven out of the 10 best-selling projects by area priced at lower than 20,000 yuan per square meter.
About 120,000 square meters of new homes sold last week citywide cost less than 20,000 yuan per square meter, CRIC data showed.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
