April second-hand home sales rise
By Wang Ying | China Daily | Updated: 2009-05-15 08:04
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A property project in Changning District, Shanghai. Xinhua |
SHANGHAI: In April, nearly 29,000 second-hand flats changed hands in Shanghai, hitting a record high since 2006 for a single-month transaction in the city's secondary market. But experts said the explosive trading volume resulted from several factors, and should not be seen as the signal of a broad rally.
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