Property News · May 15, 2019

Shenzhen home sales rose 66 per cent, hit 30-month high, according to April data


Shenzhen home sales touched a record high in April amid falling mortgage rates, population influx and a cyclical upturn in sentiment, according to official data.But industry analysts and agents were quick to point out the surge in April reflected mostly an increase in March and early April, when buyers returned to the market with an upbeat outlook and pushed up sales volumes. This is because of a lag between actual sales and official registration.According to data from the official Shenzhen…

Source : South China Morning Post
Read more…Shenzhen home sales rose 66 per cent, hit 30-month high, according to April data

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