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CRIC Daily Summary

Daily, Shanghai
Daily news and Commentary on the Chinese Real Estate sector
 

Commodity housing sales decreased 9.1% in Jan-May

Jun 11, 2012
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- Real estate investment growth eased 0.2% to 18.5% in the January-May period, nearly half of the growth rate registered in the first five months last year due to government's firm stance on cooling runaway housing prices.

- Commodity housing sales dropped 9.1% in the first five months to RMB1,693 bn.

National Bureau of Statistics