Don't have an account yet? Get FREE 7-Day Trial
May 21 – China started building 2.28 million cheap apartments for low income earners in the first four months of 2012, the Ministry of Housing and Urban-Rural Development said. The nation plans to start building seven million and finish building five million such apartments this year.
http://cn.wsj.com/gb/20120518/BCHc-002061.asp
May 18 – China's home prices declined in April from a year earlier in a record 46 of the 70 largest cities after the government said it would keep the restrictions to curb speculation in the hectic market.
http://news.cnstock.com/cmjx/201205/2019556.htm
May 17 – Rents of Grade A office space in Shanghai and Beijing rose 5.7% and 4.5% respectively in April from the previous month, according to Centaline Group, a Chinese real estate service provider.
http://estate.caijing.com.cn/2012-05-17/111850264.html
May 16 – China plans to allocate 172,600ha of land for residential development this year, down 21% from last year, the Ministry of Land and Resources said.
http://cn.reuters.com/article/chinaNews/idCNCNE84F02Y20120516
May 16 – Property sales in Shanghai declined 15.9% year on year to 4.43 million m2 in the first four months of 2012, according to the city's statistics bureau.
http://www.yicai.com/news/2012/05/1726993.html
May 15 – New home sales in Shanghai totaled 200,800m2 at an average price of ¥21,700/m2 in the week through May 13, 2012, up 31.1% and 5.3% respectively from the previous week, according to joint data from Ehouse.cn and Youwin.com.cn.
http://house.hexun.com/2012-05-15/141404249.html
May 15 – New home sales in Shenzhen totaled 62,000m2 at an average price of ¥18,066/m2 in the week through May 13, 2012, up 65.2% and 11.8% respectively from the previous week, according to the local land resources administration.
http://office.focus.cn/news/2012-05-15/1990748.html
May 15 – New home sales in Beijing totaled 2,077 units at an average price of ¥20,247/m2 in the week through May 13, 2012, up 63.8% and 9.9% respectively from the previous week, according to the local housing and urban-rural development authority.
http://house.focus.cn/news/2012-05-15/1991451.html
$1 = ¥6.32
@2011 China Economy @ The China Perspective.
HOME
