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Shenzhen transacted home prices plummet

  • Published 24 Jun 2010

New home transaction prices in Shenzhen were down sharply during the two weeks ending June 23, while an average of prices across seven cities remained roughly flat during the period, local land bureau data compiled by China Confidential shows.

Meanwhile, transaction volumes in first tier cities had picked up from two weeks prior, but fallen across the 17 lower tier cities tracked.

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China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.

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