China Growth Stocks

[GorillaGorilla]

CD: Real estate sales witness big fall

Some big numbers... I assume that's % price fall and not volume fall?


Hit by the measures, property sales in major cities tumbled. Data from the China Index Research Institute showed that Hangzhou, capital of East China's Zhejiang province, saw a 72.55 percent month-on-month plunge in sales during the week ending April 25. Beijing witnessed a 45 percent fall while in Shanghai, the drop was 38 percent.

rich

http://www.chinadaily.com.cn/business/2010-05/03/content_9803312.htm