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China’s ‘golden week’ home sales fall as monthly prices decline

Posted on 10 October 2011

China’s home transactions fell during the week-long public holiday after residential prices posted their first monthly decline in a year, according to Soufun Holdings Ltd. (SFUN)
Transactions in 20 major cities slipped by an average 32 percent from a year earlier during last week’s National Day holiday that’s also known as “golden week,” Soufun said in a report on Oct. 8. Home prices slid 0.03 percent in September from the previous month, the country’s biggest real estate website owner said……………………………………….Full Article: Source


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