Huge year-on-year decline seen in holiday week property sales
By Wang Ying | China Daily | Updated: 2011-10-11 07:57
|
People visit a property sale exhibition during the weeklong National Day holiday in Shanghai last week. Sixteen of China's 20 major cities saw year-on-year sales volume shrink during the holiday. Cheng Qianjun / For China Daily |
SHANGHAI - During the weeklong National Day holiday, there was no sign of a shopping spree in China's property market. Real estate agents were out in the cold as the trading volume in 20 major cities dropped an average of 32.4 percent in the first week of October compared with the same period last year.
Photo
