July 10 – New home sales in Shanghai totaled 199,900m2 at an average price of ¥24,966/m2 in the week through July 8, 2012, down 43.1% and 2.4% respectively from the week before, according to joint data from Ehousee.com and Youwin.com.cn.
July 10 – New home sales in Shenzhen totaled 803 units at an average price of ¥18,312/m2 in the week through July 8, 2012, up 14.1% and down 5.2% respectively from the week before, according to the local land resources and planning authority.
July 10 – Home sales in Beijing totaled 6,322 units in the week through July 8, 2012, down 25.1% from the week before, according to the local housing and urban-rural development commission. New home sales in the Chinese capital were 3,176 units.
July 9 – China finished building 2.6 million cheap homes for low income earners and invested ¥507 billion beginning building 4.7 million such apartments in 1H 2012, the Ministry of Housing and Urban-Rural Development said.
July 9 – China's home prices and rents rose 1.6% and 2.9% respectively in June from a year earlier, the National Bureau of Statistics said.
July 9 – The Chinese government will keep in place policies aimed at stemming property prices and introduce policies supporting non-speculative purchases in 2H 2012, according to a report released by Soufun Holdings Ltd (Nasdaq: SFUN), a leading Chinese real estate service provider. The new policies are expected to drive up supplies and stabilize home prices.
July 6 – Home sales in Guangzhou, Guangdong's provincial capital, totaled 1.21 million m2 at an average price of ¥13,805/m2 in Q2 2012, up 210% and 3.6% respectively from the quarter before, according to Savills.
July 6 – Combined proceeds from land auctions in Shanghai, Beijing, Guangzhou and Shenzhen, China's top four cities, tumbled 55.3% year on year to ¥44 billion in 1H 2012, according to data from Homelink.com.cn.
July 4 – Home sales in Wuhan, Hubei provincial capital, totaled 12,108 units at an average price of ¥6,334/m2 in June, up 21.2% and 0.5% respectively from the month before, according to the local land resources and planning authority.
$1 = ¥6.32