ICYMI - China's home sales fell 26% compared with the same period last year (NY holiday)

  • Sales fell 50% in smaller cities

This info was published overnight, popping it up now ICYMI. Ugly stuff:

  • China's average daily home sales during the three-day New Year holiday in 40 cities, based on floor area, fell 26% compared with the same period last year,
  • Sales fell the most in smaller cities, dropping 50% during the holiday

The info comes from China Index Academy, one of China's largest independent real estate researchers.

More here

china property 06 January 2023

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