A new report found that the number of sales across China’s 30 largest cities reached 5,976 on March 31 — an enormous increase from a low of 22 on Feb. 8, when the country was at the height of the pandemic, and slightly higher than December’s pre-pandemic average.
Source: Inman News
As coronavirus restrictions lift, China’s real estate sales bounce back
Published in Analysis, china, Coronavirus, Kate Everett-Allen, knight frank, Markets & Economy, News Brief and predictive analytics
More from AnalysisMore posts in Analysis »
- Luxury home prices have reached new heights: Redfin
- Floridians grapple with insurance changes as hurricane season nears
- ‘Million-dollar’ cities have spiked to a new high in the US: Report
- Nepo Babies grow up as data points to new phenomenon: Nepo Buyers
- Over 60% of agents have been recruited so far this year: Intel
More from chinaMore posts in china »
- Once China’s biggest developer, Evergrande ordered to liquidate
- DOJ: Ron DeSantis’ foreign-buyer property ban in Florida is unlawful
- Florida bans Chinese citizens from buying real estate over 2 acres
- The market where rents rise faster than even New York
- The 1 metric you need to scrutinize, according to a real estate economist
More from CoronavirusMore posts in Coronavirus »
- The internet fell hard for real estate in 2021. But can the love affair last?
- Los Angeles apartment owners sue over COVID rent freeze
- Demand for urban homes will be ‘muted’ for years: McKinsey
- Chris Heller: Brokerages and teams are playing chicken. Who will win?
- Will migration fizzle out in 2023? History points to existential shift
More from knight frankMore posts in knight frank »
- Bob Dylan parts with Scottish estate for $5.3M
- The market where rents rise faster than even New York
- It’s official: New York remains the world’s priciest real estate market
- Global population of ultra-wealthy increased 2.4% in pandemic year
- Douglas Elliman launches new multimedia platform to showcase developments
More from Markets & EconomyMore posts in Markets & Economy »
- Luxury home prices have reached new heights: Redfin
- 7 strategies to turn today’s bad economic news into more deals
- Gone, not forgotten: The Oklahoma City bombing 29 years later
- Existing-home sales drop in March as high rates stun homebuyers
- 2 buyers scramble to make a deal as the spring market sprints ahead
More from News BriefMore posts in News Brief »
More from predictive analyticsMore posts in predictive analytics »
Be First to Comment