Home Sales Up by 30 Percent, Says Consultancy

(Beijing) – New home sales across major cities in China jumped by 30 percent in November, according Centaline Group Research Center, a Shanghai-based real estate consultancy.

In a survey of 54 major cities, Centaline said 236,295 new homes were sold in the first 25 days of November, surging to a two-year high. Newly-added homes climbed to 6.41 million square meters for the first three weeks of November in 22 cities, far higher than 4.58 million square meters in the month of October.