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Housing resale numbers slide 24%

(chinadaily.com.cn)
Updated: 2009-11-02 16:40

Prices and sales for resold homes both fell in October in Beijing, the Beijing Morning Post reported today, citing data from www.bjfdc.gov.cn, Beijing’s official real estate transaction information website.

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In October, a total of 20,866 apartments were resold in Beijing, down 24.22 percent from September. Among them, 20,011 were homes. This meant a 24.24 percent decrease in home sales, compared with September.

The average price for resold apartments in October in Beijing fell 1.65 percent, to 11,920 yuan ($1745.7) per sq m, compared with September.