Property News · April 9, 2019

Home sales rise by 64.3 per cent in Chongqing, the barometer of China’s national market


The sales of new homes in the megacity of Chongqing in southwest China jumped by 64.3 per cent in March to 2.12 million square metres, according to consultancy Cric. It had recorded a cooling in its property market in the second half of 2018.The city, with an area 74 times that of Hong Kong, recorded the sale of 31.23 million square metres of new homes last year and is China’s largest market in terms of area of residential apartments sold. It is also indicative of the overall China market, with…

Source : South China Morning Post
Read more…Home sales rise by 64.3 per cent in Chongqing, the barometer of China’s national market

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