2009-09-02

Shenzhen Real Estate Prices....Unreal

Caijing has the story:
New home prices in Shenzhen rose 18.6 percent month-on-month in August, the sixth straight monthly gain, while sales by floor area fell 29.7 percent from a month earlier, real estate consultancy DTZ said in a report on Sept. 1.

Sales in August totalled 386,000 square meters in the southern Chinese city, at an average price of 18,830 yuan per square meter, the report said.

The decline in sales was due to weaker supply and demand, DTZ said.
深圳8月新房成交持续价涨量跌
国际房地产顾问公司DTZ戴德梁行9月1日发布的报告显示,深圳8月新建商品住宅成交量环比减少29.73%,成交面积仅38.6万平方米。与此同时,新房均价达18830元/平方米,环比上涨18.61%,这是今年3月以来连续六个月上涨,并且环比涨幅最大。

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