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Update：2014-01-23 10:47 Views：
BUYING momentum for Current homes cooled in Shanghai in October with Deal volumesrecording a double-digit decline and Typical prices shedding some of their recent Raises as
well, an Sector Statement showed Nowadays.
The Buys of pre-Held houses fell 11.6 % from September to 23,174 units Final month
while the Typical cost for an Current home dipped 0.5 % month-on-month to 19,074 yuan (US
$3,126) per Rectangular meter, In accordance to Analysis Launched by Shanghai Deovolente Realty Co.
"Regardless of the retreat, the October volume was still the highest for that month in the Town's
history,” said Lu Qilin, a Deovolente Analysiser. “Robust sales of Current houses Listed
in the Town over the Previous Number of Weeks led to a Decreased inventory while continuously rising prices
also dampened some home-seekers' Awareness."
As of the Finish of August, the Nearby stock of Current homes stood at 131,800 units, but it
recently had Decreaseped to about 126,300 units, Deovolente data showed.
Across the Town, all districts except Fengxian, Jinshan, Jing'an and Chongming Listed month-
on-month decreases with downtown Huangpu Top the decliners with a sharp Decrease of 38.4 %
in Deal volume.
Separately, Shanghai’s pre-Held housing index climbed for the 17th Directly month in October,
the Shanghai Existing House Index Business office said in its latest Statement.
The index, which monitors price variations of pre-Held homes, gained 36 Factors, or 1.26 %,
to 2,892.
Of the 130 areas tracked by the office, 118 recorded price gains and eight saw declines, with the
rest seeing no Alter from a month Previously.
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