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China Confidential - Premium Investment Insight

Update Alerts

Official China property rhetoric stiffens, sales buoyant

06 June 2012

Real estate transactions in 18 first and second tier cities tracked by China Confidential picked up by an average of 6%WoW in the week ended June 3. Home sales in 21 third and fourth tier cities also increased by the average of 6.3% compared with one week prior. In the big cities of Shanghai, Shenzhen and Guangzhou, transaction volumes rose 14%WoW, 25%WoW, and 14%WoW and also registered WoW increases in 10 second tier cities including Tianjin, Nanjing, Wuhan and Chengdu.

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