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Real estate activity steady, steel prices continue slide

  • Published 15 Jul 2010

Real estate transaction volumes continued to fluctuate around current levels for the week ending July 14. The aggregate average daily transaction volume in first tier cities rose 18.6% to 75,491 sq m per day, while the value for 17 second tier cities rose a modest 7% to 239,135 sq m per day.

Transaction volumes have now remained low for three consecutive months and there are no signs of the trend abating any time soon (see July 15 Capital Intensive).

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