China Financial Daily

October 4, 2008

Chinese Real Estate Market: Hong Kong, Shanghai, Beijing, Guangzhou, Shenzhen

Filed under: Financial News — Tags: , , — Nancy @ 10:47 am -0700

Hong Kong Real Estate Market enters into the Glacier Epoch
As the economic tsunami spreads to all over the world, Hong Kong real estate market has also been influenced. The turnover has greatly declined; during the National Day, only one transaction has been concluded.

Dense Wait-and-see Atmosphere in Shanghai Autumn Housing Exhibition
Shanghai real estate market continues to be weak this year. The wait-and-see atmosphere in this exhibition is still dense. Overall speaking, Shanghai housing prices send the obvious reducing signals through this housing exhibition.

Beijing Real Estate encounters Cold Scene in Golden Week
“Golden Week” is regarded as the important time for housing market, but Beijing real estate market has abnormal cold scene. The great increase in October has been reachless to people.

Guangzhou Real Estate Market
Reducing Housing is Popular while High Price encounter the coldness in Guangzhou real estate market. The wait-and-see attitude is full, so there are less people to buy while there are more people to see.

Imbalanced Price-reducing of Shenzhen Housing Price
The price-reducing of Shenzhen housing prices are great, the prices of different developers are imbalanced while different buildings of same developers, their prices are also imbalanced.

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