Value of China's New House Sales to Surge to 4.5 Trillion Yuan in 2009
Published:
2009-12-29
Zhu Zhongyi, secretary-general of the China Real Estate Association, said the value of new house sales in the first 11 months rose 86.8% from a year earlier in China. If calculated on the basis of an annual growth rate of 90%, the value of new house sales in China is expected to reach 4.57 trillion yuan by the end of the year.
Source
China Securities Jounal
Google Translation
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