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Report: Transactions of resale homes in Sep dip 15%
Oct 10,2018 11:33CST
industry news
Source:SMM
Transaction volumes in Sep fell 11% from a year ago and stood at 52,000, in a survey of 10 cities

SHANGHAI, Oct 10 (SMM) – Transactions of resale homes fell 15% month on month in the traditional high season of September, in a survey of 10 major cities in China, showed data from property research agency E-house China R&D Institute. 

Transaction volumes of resale homes in September fell 11% from a year ago and stood at 52,000. The market is expected to continue to cool in the fourth quarter, said Wang Jinzhao, a researcher at the institute.

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