china property sales

real estate investment trusts in China

Chinese Real Estate Market: 2021 Growth As In Pre-Corona Times

Mainfirst |The January outbreak of the coronavirus pandemic in China had a severe impact on the Chinese real estate market, compared to 2019, property sales in February 2020 dropped by 65 percent. The market has now almost recovered from this. This is due to both the special features of the Chinese market and government intervention. Chinese real estate sales have been on the rise since March and April and are now already back to 80 percent of the previous year’s level. 

shangai towers

Records Smashed In New Real Estate Rush

Caixin | Late summer and early autumn is traditionally a hot season for property sales in China. In 30 major cities, August property sales by floor space increased 27 %year-on-year to 22.9 million square meters, according to E-House China R&D Institute.