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Tag: revival

China’s housing sales in Q1 2020 down 8 percent but sees steady revival in March

04-05-2020
China, housing market, furniture retail, property sales, revival, coronavirus, Q1 2020

In a press release, China's National Bureau of Statistics reports that in the first quarter 2020, investment in real estate dropped almost 8 percent year on year. However, China’s residential housing market began a steady revival in March as real estate companies reopened across the country following the easing of the nationwide shutdown, …