Apr 26, 2012
- In the first quarter of 2012, Shanghai new commodity housing sales dropped 14.8% YoY by GFA to 3.2 mn sqm, showing downward trend on a monthly basis for twenty-six months in a row.
- The first quarter real estate investment increased 0.7% YoY to a flat RMB48 bn, same as one year ago, accounting for 52.1% of the total fixed assets investment of the city.
Sina