Announcement

Collapse
No announcement yet.

China - Business transactions down 81% this year during Chinese New Year's Spring Week

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • China - Business transactions down 81% this year during Chinese New Year's Spring Week

    machine translation -

    Year 20 major cities in the property market was more than the total turnover fell by
    January 31, 2012 08:35:53
    Source: Shanghai Securities News

    Year 20 major cities

    The total property market turnover fell 81% year on year

    January 30, China Index Research Institute released the latest report shows that by the Spring Festival Golden Week holiday, the market dowmorenturn of multiple factors, the total volume of 20 major cities dropped by 81% year on year.

    snip

    "Golden Week, so we think the property market turnover is low, mainly due to market downturn, buyers lack of confidence, while some cities housing transactions suspended filing system, only an isolated phenomenon." The report said. According to the China Index Research Institute survey, only Beijing, Lanzhou, Lianyungang, three cities transaction record system suspended.

    Zhttp://big5.xinhuanet.com/gate/big5/news.xinhuanet.com/house/2012-01/31/c_122631711.htm
Working...
X