Dec 20 - More than 80% of Cities Experienced Decreases in Property Turnover Last Week

Source: China Index Academy, ChinaScope Financial (Data)

+  Statistics released by the China Index Academy show that 80% of China’s cities experienced year-on-year decreases in property turnover last week.

+  Among all the major cities, only Beijing saw a slight year-on-year increase. Property turnover in Shanghai increased month-on-month this week, but remains less than 250,000 square meters.

+  Related Data: Real Estate Sector Data

Aside for Beijing, the growth in property trading remains moderate in key cities.

The dramatic increase in property trading in Beijing contributed to the drop in market inventory and slump in destocking cycle.

     

For more data on the real estate industry and companies, please visit www.chinascopefinancial.com

Other News Headlines

• Position for Foreign Exchange Purchases Continue to Decrease
• Growth of Electricity Consumption Slows Down in November
• More than 80% of Cities Experienced Decreases in Property Turnover Last Week
• China Unicom: 3.38 Million New 3G Users in November
• 21% Average Annual Growth of Logistics Sector
• Launch of Shanghai Liquor Trading Center to Boost Investment in Chinese Liquor

If you'd like to receive a daily e-mail update of ChinaScope Daily Dim Sum Newsletter, please contact us: newsletter@chinascopefinancial.com. If you'd like to try out ChinaScope Database, apply for a trial here.