February home sales by top 100 developers decline 34.4% y/y
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February offered no reprieve for the housing market. According to February data from China Real Estate Information Corp. (CRIC), published over the weekend:
New home sales by China’s top 100 developers clocked in at RMB 123.4 billion, down 25.4% m/m On an annual basis, sales were down 34.4%
FYI: H...