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China: Sales Price of Residential Buildings in 70 Large and Medium-Sized Cities in March 2011
added: 2011-04-19

The sales price of newly constructed residential buildings in 70 large and medium-sized cities decreased in 12 cities and that of remained the same level in 8 cities comparing with the previous month.

I The Sales Price of Newly Constructed Residential Buildings

The sales price of newly constructed residential buildings in 70 large and medium-sized cities decreased in 12 cities and that of remained the same level in 8 cities comparing with the previous month.

Comparing with last month, the number of cities with sales price decreased and remained the same level added 6, while the number of cities with growth rate narrowed was 29.

Comparing with the same month of last year, the sales price of 2 cities declined, 1 city more than the previous month. The number of cities with sales price decreased amounted to 46, 16 cities more than the previous month. In March, the growth rate of sales price in 26 cities exceeded 5.0 percent, 2 cities more than that was in February.

II Sales Price of Second-Handed Residential Buildings

Comparing with last month, the sales price of second-handed residential buildings in 16 cities and that of remained the same level in 10 cities.

Comparing with last month, the number of cities with sales price remained the same level or decreased added 6. The growth rate of sales price in 3 cities exceeded 1.0 percent, reduced 2 cities than that in February.

Comparing with the same month of last year, the sales price in 5 city declined, while that of the growth rate in 45 cities went down in 70 large and medium-sized cities, 23 cities more than in the previous month. In March, the growth rate in 41cities within 5 percent, 1 city more than in February,


Source: National Bureau of Statistics of China

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