Statistics

China's property sales rose 13.3% in first four months

(Xinhua)
Updated: 2011-05-11 13:10

BEIJING -- The value of property sales in China during the first four months rose 13.3 percent year-on-year to reach 1.4078 trillion yuan ($217 billion), according to the nation's top statistics authority on Wednesday.

Related readings:  China's April CPI up 5.3%, PPI up 6.8%  Retail sales up 17.1%  Industrial output up 13.4%  Trade surplus?hits $11b

Sales of residential housing rose 11 percent, while office sales and that of business properties rose 23.8 percent, and 26.6 percent, respectively, according to figures released by the National Bureau of Statistics (NBS).

Meanwhile, floor space sold during the period reached 248.98 million square meters, up 6.3 percent compared to the same period last year.

Sold floor space of residential housing rose 5.8 percent, with that of offices and properties for commercial use rose 4.4 percent and 7.7 percent, respectively, the figures show.