Bloomberg News

Shanghai New Home Prices Fall 2.73% on Week, Uwin Says

October 24, 2011

Oct. 24 (Bloomberg) -- Shanghai’s average new home price fell 2.73 percent to 21,538 yuan per square meter in the week ended Oct. 23 from the previous week, property consultant Shanghai UWin Real Estate Information Services said today.

New home sales fell 20.1 percent to 94,800 square meters, the real estate data company said in an e-mailed statement.

To contact the editor responsible for this story: Gregory Turk at gturk2@bloomberg.net


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