Source: CCTV.com

05-06-2009 13:36

China's real estate market has been showing signs of bouncing back in 2009. And the latest figures from April provide more evidence of this revival.

China's real estate market has been showing signs of bouncing back in 2009. And the latest figures from April provide more  evidence of this revival.

The total transaction volume of apartments under construction in Beijing was nearly 15 thousand units in April. That's up by one-fifth over March. The average apartment size that was sold was 109 square meters. That's the fourth month in a row for this figure to increase.

In April, a total of nearly 1.9 million square meters of commercial houses were sold in Shanghai. That's up by 20 percent, a record high during the past three years.

And in Shenzhen, the average price of a new house in April was more than 12-thousand yuan per square meter. That's up by 12 percent over March and more than 3 percent, year on year.