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Xinyuan Real Estate Co., Ltd. Message Board

  • chinarallpigsaccountedfor chinarallpigsaccountedfor Oct 24, 2013 8:37 PM Flag

    By Cherry Cao | October 24, 2013, SHANGHAI'S new home purchases rose to the highest in four years,

    As of yesterday, sales of new residential properties, excluding government-subsidized affordable housing, exceeded 10 million square meters in the city, Shanghai Deovolente Realty Co said in a report released today.

    That compared to 9.71 million square meters, 7.3 million square meters and 9.38 million square meters registered, respectively, between 2010 and 2012, according to Deovolente data.

    "2013 seems to be an extremely strong year for new property sales with four of the first nine months recording monthly volume of more than 1 million square meters," said Lu Qilin, a Deovolente researcher

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