House Sales Slide in Beijing & Shanghai
Source: http://www.bizchina-update.com/content/view/1427/2/Posted on Sunday, October 5th, 2008 | In China
Contributed by: Biz China Update (http://www.bizchina-update.com) -
Over supply and weak demand are being blamed for a significant drop in pre-construction home sales prices in Beijing. In September, the average residential unit price fell by 76 per cent year on year, according to the Beijing Real Estate Trade Management. A total of 2,788 pre-construction units were sold…
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