Bloomberg News

Shanghai Average New Home Price Falls 10.5% on Week, UWin Says

October 31, 2011

Oct. 31 (Bloomberg) -- Shanghai’s average new home price fell 10.5 percent to 19,331 yuan per square meter in the week ended Oct. 30 from the previous week, property consultant Shanghai UWin Real Estate Information Services said today.

New home sales rose 46.8 percent to 138,700 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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