August 7 – New home sales in Shanghai totaled 214,000m2 at an average price of ¥25,264/m2 in the week through August 5 2012, up 22.9% and 5.4% respectively from the week before, according to joint figures from Ehousee.com and Youwin.com.cn.
August 7 – New home sales in Shenzhen totaled 92,039m2 at an average price of ¥22,971/m2 in the week through August 5 2012, up 27% and 26.1% respectively from the week before, according to the local land resources and planning body.
August 7 – New home sales in Beijing totaled 2,371 units in the week through August 5 2012, down 14.7% from the week before, according to the local housing and urban-rural development.
August 7 – New home sales in Wuhan, Hubei's provincial capital, totaled 14,454 units at an average price of ¥6,339/m2 in July, according to the local statistics bureau. The volume hit a 26-month high and the price was up marginally from a month earlier.
August 6 – Close to 90% of urban Chinese households have their own properties, well above the global average of 60%, according to a report released by China's central bank and a university. Of the 3,996 urban households surveyed, 89.7% said they owned at least one property.
August 6 – China's real estate industry saw six merger and acquisition deals valued at a combined $769 million in July, according to Zero2IPO, a Chinese consultancy on VC/PE funding. The amount represented 34.9% of all M&A deals that month, the largest share.
August 2 – New home sales in Shanghai totaled 858,900m2 at an average price of ¥24,607/m2 in July, according to Han Property, a real estate service provider. The volume was down 16% from the month before, and the price hit a new monthly high for the year to date.
August 2 – Monthly new home sales in Nanjing, Jiangsu's provincial capital, totaled 8,646 units in July, the highest level since 2010, according to a local property trading website.
August 1 – New home prices in China's 10 regional centers averaged ¥15,470/m2 in July, up 0.3% from the month before, according to SouFun Holdings Ltd (NYSE: SFUN), a leading Chinese real estate service provider. New home prices for the largest 100 cities also edged up 0.3% month on month to ¥8,717/m2.
$1 = ¥6.33