Shanghai’s average housing sale price dropped 10% to 18,549 yuan per square meter in the first week of March from the previous week, Shanghai Securities News reported, citing Shenzhen World Union Properties Consultancy.
Prices for housing in China’s southern city of Shenzhen fell 14% to 18,266 yuan per sq m, according to the report.
bloomberg.com
The level of completed house sales “stabilised” at the end of 2010 but the outlook for the residential market remains mixed, says the RICS.
![Uma 5[9]](https://d2bq2usf2vwncx.cloudfront.net/Pictures/274x183/5/0/3/1879503_uma59_303452.jpeg)
No comments yet