Poly Q1 Home Sales Rise 6% in First Quarter – and more of Today’s China Real Estate Links | April 11, 2012

Here is a list of the day’s latest China real estate news collected from around the web:

• Poly Q1 Home Sales Rise 6% in First Quarter

  Poly Real Estate Group, China’s second largest property developer by market value, said Monday that its home sales rose 6.07 percent year-on-year to 14.87 billion yuan ($2.36 billion) in the first quarter of 2012. Space sold surged 8.98 percent from one year earlier to 1.44 million square meters from January to March, the developer said in a statement filed to the Shanghai Stock Exchange.

• Buying of secondhand homes jumps 64% in March

  THE continued pickup in buying sentiment propelled last month’s sales of previously owned properties in Shanghai to the highest in more than a year, according to the latest market data. The buying of used properties, most of which were residential developments, jumped 64 percent from February to 16,400 units in March, Century 21 China Real Estate said in a report released yesterday.

This list is updated daily, so tune in again tomorrow for more up to date information, or subscribe to our daily email news digest to get this delivered to your mailbox.

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