July 17 – New home sales in Shanghai totaled 211,000m2 at an average price of ¥25,421/m2 in the week through July 15 2012, up 5.5% and 18% respectively from the week before, according to joint data from Ehousee.com and Youwin.com.cn.
July 17 – New home sales in Shenzhen totaled 737 units in the week through July 15 2012, down 8.2% from the week before, according to the local land resources and planning authority.
July 17 – Home sales in Beijing totaled 6,468 units in the week through July 15 2012, up 2.3% from the week before, according to the local housing and urban-rural development commission. New home sales in the Chinese capital were 2,885 units.
July 17 – Land prices in Guangzhou averaged ¥3,010/m2 in 1H 2012, up 37% from 1H 2011, according to the local land resource authority. The city government sold 620,800m2 of land fetching ¥5.29 billion in 1H 2012.
July 13 – Investment in China's real estate market rose 16.6% year on year to ¥3.06 trillion in 1H 2012, where investment in residential space was up 12% to ¥2.09 trillion, according to the National Bureau of Statistics. Overall property sales were down 10% to 399.64 million m2, where residential space sales were down 11.2% to 3.53 million m2. Overall property sales revenue was down 5.2% to ¥2.33 trillion, where revenue from residential space was down 6.5% to ¥1.93 trillion. All property sales declines were slower than in the first five months.
July 12 – Sales of second-hand homes in Guangzhou totaled 1.72 million m2 at an average price of ¥14,467/m2 in 1H 2012, down 49.8% and up 10.1% respectively from 1H 2011, according to the local land resources and planning administration.
July 11 – New home sales in Shanghai totaled 1.02 million m2 at an average price of ¥24,137/m2 in June, according to China Real Estate Information Corp (Nasdaq: CRIC). The volume was up 29.6% year on year and 26.6% month on month and the price was up 7.5% year on year and 6.7% month on month.
July 11 – Rents of Grade A office buildings in Beijing rose 3.8% quarter on quarter and 27.8% year on year to ¥305.3/m2/month in Q2 2012, according to Savills.
July 10 – As many as 93% of Chinese firms would step up investment in real estate in second and third-tier cities, Taiwan, Hong Kong and Macau in the next three years, according to a survey of 46 state-owned and publicly traded companies by Jones Lang LaSalle Inc (NYSE: JLL). The investment would include purchases of office buildings, shops and plants as well as leasing premises.
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