Home / Top News

Real estate sales up, prices soar

By Hu Yuanyuan in Beijing, Zhou Yan in Shanghai and Zhan Lisheng in Guangzhou | China Daily | Updated: 2009-07-03 07:52

The real estate market is quickly turning hot.

On Monday, for instance, a land parcel along Beijing's Guangqu Road was auctioned off for more than 4 billion yuan ($585 million) after fierce bidding among major developers from the mainland and Hong Kong.

The price set a record for a single land parcel in Beijing.

Real estate sales up, prices soar

Today's Top News

Editor's picks

Most Viewed