September 1 – Home prices in China's largest 10 cities averaged ¥15,773/m2 and home prices in the largest 100 cities averaged ¥8,880/m2 in August, according to the China Index Academy.

September 1 – Overall property sales in Zhejiang province declined 8.6% year on year to 19.9 million m2 in the first seven months, according to the Provincial Statistics Bureau.

August 31 – The Beijing Development and Reform Commission ordered the city's real estate agencies to reduce commission rates by half a percentage point to 2%. The cut is expected by market watchers to kick out small agencies.

August 31 – Proceeds from land auctions in Beijing fell 6.7% year on year to ¥67.1 billion in the first eight months, according to local land resource authorities.

August 30 – New home sales in Shanghai totaled 134,400m2 in the week ending August 28, 2011, down 1.4% from the previous week, according to China Real Estate Information Corp (NASDAQ: CRIC).

August 30 – Home sales in Beijing totaled 1,123 units in the week ending August 28, 2011, up 14.2% from the previous week, according to a local online property trading watchdog.

August 25 – New home prices in Guangzhou averaged ¥13,175/m2 in the first seven months, up 3.7% year on year, according to local land authorities. Property sales volume rose 22.1% year on year to 3.42 million m2.

$1 = ¥6.39

You are currently reading words of total words in this article.
To continue reading this article, you must be a subscriber. Log in now..

Finish this article for free.
C-M-O-D-O AUTHENTIC SITE PayPal
@2014 China Economy @ China Perspective.
All Right Reserved.
Server SSL Certificate