China’s land sales in 50 major cities surged 73 per cent in the first two months of 2017 despite a raft of measures rolled out in a bid to cool the red-hot property market.
Fifty city governments received a total of 452.8 billion yuan (US$65.6 billion) from land auctions during January and February this year, up from 262.5 billion yuan in the same period of 2016, Centaline Property data shows.
Second-tier cities including Wuhan in Hubei Province, Hefei in Anhui Province and Nanjing in Jiangsu Province, have led the transactions, with each of their land-sales revenues exceeding 2 billion
source http://www.omnipopmag.com/2017/03/07/chinas-city-land-sales-surge-73-per-cent-despite-cooling-measures/
No comments:
Post a Comment