Vanke sales down 39.84% in Feb – and more of today’s China Real Estate Links | March 7, 2012

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

• China Vanke sales down 39.84% in Feb

  China Vanke, the country’s biggest property developer by market value, said its home sales dropped 39.84 percent from the pervious month to 7.34 billion yuan (1.16 billion) in February amid government’s control efforts.

• Shanghai Home Transactions Up 40%

  Transactions of new homes in Shanghai last week rose more than 40 percent week-on-week to 201,500 square meters, reports 163.com, citing Century 21 China Real Estate. Poly Real Estate Group (600048) recorded 257 transactions covering a total area of 29,000 square meters at one of its developments due to the huge discounts offered.

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