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China Confidential - Premium Investment Insight

Update Alerts

Property transactions surge in the final week of June

04 July 2012

Real estate transactions in 18 first- and second-tier cities tracked by China Confidential surged by an average of 38% WoW in the week ended July 1, while home sales in 21 third- and fourth-tier cities rose 18% WoW, providing further evidence that a rebound in home sales is gathering momentum. Transactions in Beijing, Shanghai, Guangzhou, and Shenzhen picked up 28%, 66%, 99% and 5% WoW, respectively, while sales in the 14 second-tier cities that we monitor increased by an average of 33.7% WoW.

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