Home sales in China exceeded one trillion dollars in 2013

Note: This section contains information in English only.
Source: Bloomberg
New property sales in China continued to surge during the last year, as prices rose mostly in big cities amid absence of more strict property regulations on the national level. The total value of bought homes increased 27% in 2013, reaching $1.1 trillion. Concerning December, prices in Shenzhen and Guangzhou added 20% annually, in Shanghai they rose 18%, but in Beijing advanced 16%.
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Mon, 20 Jan 2014 13:13:03 GMT

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