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<Mainland Property>CIA Says Property Sales in Multiple CN Cities Weaker than Expected during Dragon Boat Festival Holiday
Due to factors such as hot weather, real estate markets in numerous cities remained muted during the Dragon Boat Festival holiday, with lower-than-expected sales, China Securities ...
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<Mainland Property>CIA Says Property Sales in Multiple CN Cities Weaker than Expected during Dragon Boat Festival Holiday
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Due to factors such as hot weather, real estate markets in numerous cities remained muted during the Dragon Boat Festival holiday, with lower-than-expected sales, China Securities Journal cited data disclosed by intermediary agencies. Among them, the new housing transaction area in Beijing was 24,200 square meters, a YoY decrease of 20.2%.

Data from the China Index Academy (CIA) showed that, the transaction area in representative cities during this year's Dragon Boat Festival holiday decreased by 10% compared that during the 2019 Dragon Boat Festival holiday.
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