Shanghai Real Estate News

Shanghai’s housing Sector was Very robust Final Yr as the Typical Selling price Strike a Report and
the Deal Quantity reached a 4-Yr Substantial, Newest Sector Facts showed.

More than the Previous Yr, 12.82 million Rectangular meters of new HoUtilizes Had been Marketed Throughout the Town, up 36.6
% Yr on Yr, Shanghai Uwin Real Estate Facts Solutions Co Mentioned in a Newest Record.
They Had been Marketed at an Typical Selling price of 24,177 yuan (US$3,983) EPretty Rectangular meter, an Yearly Development
of 7.6 %.

“Need from Residence Purchasers who upgraded was Pretty Powerful in Shanghai over the Previous 12 Weeks, a
Signal of recovering Trust in the property Sector In spite of tightening Actions,” Mentioned Jenny
Wu, director of residential Product sales for East China oEPrettyations at DTZ, a proEPrettyty services Organization.

“We Anticipate the Powerful momentum to Prolong for One more 6 Weeks Whilst proEPrettyty curbs will Stay
in Spot in the Initial Fifty percent of 2014 to Avoid a Quick Selling price Development.”

Sales of new HoUtilizes by Place and costing above 2 million yuan grew by double digits Yr on Yr in
2013, Whilst Individuals Selling priced Below 2 million yuan rose by One digit, DTZ Mentioned Following compiling Facts
Introduced by the Town’s real estate Buying and selling Middle.

The Town’s Acreage Sector was also Red-colored-Warm Final Yr as Acreage Product sales Strike a 5-Yr Substantial by Worth
amid a Powerful appetite from develoEPrettys.

Land parcels totaling 8.6 million Rectangular meters, excluding Individuals meant for Community Utilizes or
Inexpensive housing, Had been Marketed Final Yr for 206.1 billion yuan, a separate Record Introduced by
Century 21 China Real Estate showed.