Real Estate Sales Cool in 2017

The E-House 50 city survey shows real estate sales by area sold fell for 10 consecutive months into December. December sales fell 13 percent yoy, sales fell 18 percent in 2017.

Sales growth in Beijing, Guangzhou, Shanghai and Shenzhen was -38 percent, -24 percent, -28 percent and 50 percent. Combined total area sold fell by 25 percent in these four cities.
Caijing: 2017年50城住宅成交同比降幅近两成 京津冀领跌全国

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