China's Secondhand Home Sales Rose 20% in June as Virus Impact Ebbed
Xu Wei
DATE:  Jul 24 2020
/ SOURCE:  Yicai
China's Secondhand Home Sales Rose 20% in June as Virus Impact Ebbed China's Secondhand Home Sales Rose 20% in June as Virus Impact Ebbed

(Yicai Global) July 24 -- China's secondhand housing market continued recovering last month as the Covid-19 pandemic eases its grip on the country.

The volume of sold secondhand houses in 22 cities climbed 20 percent from a year earlier to 155,000 units, China Securities Journal reported, citing a real estate research company under Poly Developments and Holdings Group. June sales have been high in the past few years, the report added.

But in the first half, sales still slid 16 percent from a year ago.

Editor: Emmi Laine

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Keywords:   Second-hand house,Poly,Properties