Residential land transactions in Shanghai totaled 4.82 million square meters in 2011, down 16.97 percent year-on-year. Transaction value fell 39.54 percent to 47.04 billion yuan.Premiums on land sales collapsed. Developers were paying average premiums of 100% in 2010; in 2011 the average premium was 40%. The highest value land sold this year, as priced per square meter, fell 60% from 2010's peak.
Fannie and Freddie: Single Family Serious Delinquency Rate Decreased,
Multi-family Decreased in March
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Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie:
Single Family Serious Delinquency Rate Decreased, Multi-family Decreased in
March...
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