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CN Property Mkt Sentiment Should Improve If Transactions in Core Cities Can Stay Hot in Apr, Says CIA
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In March, an increased supply of quality projects in core cities across China sparked a recovery in new home sales, successfully trimming the YoY decline, said the China Index Academy (CIA). The second-hand home market's continued outperformance over the first-hand home market led to a "slight boom" in Beijing and Shanghai. The sustainability of the market recovery in April will be crucial, the CIA stressed. If the momentum in core cities persists, it will improve market expectations and lay a better foundation for stable market operations throughout the year. Auto-translated by AI AASTOCKS Financial News |
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