Bloomberg News

Beijing Jan.-Sept. Home Sales Fall 19% on Year, Soufun Says

September 30, 2011

Sept. 30 (Bloomberg) -- Beijing home sales in the first nine months of the year fell 19 percent and average prices dropped 10 percent from a year earlier, according to Soufun Holdings Ltd., the country’s biggest real estate website owner.

Shanghai home sales was down 5 percent while prices rose 14 percent during the same time period, Soufun said in an e-mailed statement.

To contact the editor responsible for this story: Bloomberg News at swong139@bloomberg.net


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