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CRIC Daily Summary

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

Qingdao:home sales by volume doubled up in May

Jun 29, 2012
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- Home sales by volume in April reached 3,500 units and hit 7,000 units in May, almost an explosive growth for the Qingdao housing market.

- Average selling prices of a large number of projects have nosedived to the level of 2009 and even 2008, which prompts home buyers with pent-up demand to start looking for homes.

Hexun