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Shanghai new home sales up 30 pct

2013-05-14 11:07 Shanghai Daily     Web Editor: qindexing comment

New home purchases rebounded in Shanghai last week.

Sales of new residential properties, excluding government-funded affordable housing, rose 30 percent to 218,600 square meters across the city in the seven days to Sunday, according to a Shanghai Uwin Real Estate Information Services Co report.

The average cost was 20,700 yuan (US$3,339) a square meter, 11 percent down on the previous week.

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