The property market registered a 16% growth in the first half year
- Details
- Category: Governmental News
- Published: Tuesday, 10 July 2012 08:20
In June, in Ningbo property market, commercial housing turnover hit once again a new high since the implementation of the policy restricting house purchasing. According to the monitoring data of “transparent houses selling network” released by the real estate transaction center, transaction-completed commercial houses in six districts amount to nearly 2100 units, increased by more than 170 units compared with the" Hot May " --- This is also the first time that the trading volume of urban commercial houses exceeds 2000 units since the policy restricting houses purchasing.
On the whole, due to the developers’ strategy “low price for high quantity”, the Ningbo property market turnover took on a rising trend in the first half of 2012. Nearly 7400 sets of urban commercial houses are sold, making a turnaround of 16% compared with the gloomy second half of 2011. However, it still decreased by about 52% compared with the same period of 2009 when the market is buoyant
