Property News · May 3, 2017

Shanghai’s April home sales hit 4-year low


Home transactions continued to decline in Shanghai, China’s financial capital, as government cooling measures take effect and more home buyers take on a wait and see attitude.
The area of new residential properties sold in Shanghai in April dropped 8.8 per cent from March to 677,000 square meters, according to data from Shanghai Centaline Property Consultants data. The volume was a 30 per cent slide from the year-earlier period and represented the lowest April figure since 2013.
Average…

Source : South China Morning Post
Read more…Shanghai’s April home sales hit 4-year low

You may also like...