Tuesday, November 9, 2010

China October 2010 House Sales

Prices climbed 8.6% year on year, but sales dropped 11.2%.

China’s Home Prices Grow at Slowest Pace in 10 Months
Property prices in October rose 0.2 percent from September, according to today’s data.

Sales volume dropped 11.2 percent from the previous month, while the value fell 7.7 percent from September.

The value fell less than the volume, which implies the high end is holding out a bit more.

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