·Chinese(gb) ·English ·ฉบับภาษาไทย ·Tiếng Việt
WAPWeb Accessibility RSS
Home About Liuzhou Government Liuzhou News Live in Liuzhou Travel in Liuzhou Invest in Liuzhou Interact
Current Location:  Home > Liuzhou News > Economy & Business > Finace News
Home sales in east China city surge to new high
Date:2014-11-04  Source:Xinhua News Agency

HANGZHOU, Nov. 3 (Xinhua) -- October's housing sales in the eastern Chinese city of Hangzhou surged to a five-year high in terms of units following a spate of measures to boost the market.

A total of 12,832 new apartments were sold last month in the capital of Zhejiang province, the highest since July 2009, said the city's housing security and management bureau, adding that the sales represented a robust 34.9 percent growth from September.

Sales in August and September recovered after the city moved to lift residential purchase restrictions, which capped home ownership at two properties.

Late last month, China eased mortgage rules amid the latest efforts to revive the gloomy property market. Earlier, dozens of major cities nationwide lifted residential purchase limits.

The strong sales drove down housing inventories by 1.5 percent in the city, the first decline in eight months, data shows. But the inventories were still large at 139,989 units by the end of October.

September and October are usually golden periods for housing sales.

   Print   To Top    Close  

Related Articles

46 projects of Liuzhou start or complete construction
Good News from Annual Meeting of Dongfeng Liuzhou Motor
Liuzhou’s Wuling jumps in sales
Liuzhou’s two self-owned brand automobiles achieve good answer sheets in 2014
SAIC-GM-Wuling Automobile’s sales volume breaks 1.8m
SGMW sells 1.639m cars in the first 11 months of this year
Auto production and sales reach 1.191 mln and 1.167 mln in H1 in China's Liuzhou
Liuzhou brand Baojun breaks 210 thousand yuan in the first quarter
Vehicle sales volume of DFLZ in the first quarter of this year increases
Liuzhou Endeavors to be National E-Commerce Demonstration City
Home  │ About Liuzhou  │ Site Map  │ Service and Privacy │ FAQ │ Download Forms   │ Contact Us
Copyright (C) 2006 The People's Government of Liuzhou Municipality,All Rights Reserved
Sponsored by Liuzhou Informational Leading Group Office (The Bureau Of The Information Industry Of Liuzhou)
Prepared by Liuzhou Network Management Centre Address:No. 66, Sanzhong Road, Liuzhou, China
ICP Certificate No.05009280