Daily news and Commentary on the Chinese Real Estate sector
Commodity housing sales decreased 9.1% in Jan-May
Jun 11, 2012
- 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.