SHANGHAI: The value of China’s home sales remained buoyant in March, though volume figures indicated that curbs in a number of cities may be slowing the recent buying frenzy.
New home sales by value rose 18% to 1 trillion yuan (US$145bil) last month from a year earlier, according to Bloomberg calculations based on data released yesterday by the National Bureau of Statistics. The increase compares with a 23% surge in the first two months of the year.
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