The real estate in Shanghai is dropping according to the

The real estate in Shanghai is dropping according to the link below (dated May 5, 2005). Is this really happening?

http://news.chinatimes.com/Chinatimes/newslist/newslist-content/0,3546,110505+112005050500081,00.html

據香港「文匯報」調查指出,自三月北京中央出台多項壓抑樓市過熱措施後,上海的樓價在一個月內急挫超過百分之三十,其餘城市房價也下降。報導稱之為「上海感冒了,全國都在吃藥」。

調查指出,從去年第四季至今年首季的半年內,上海市內的平均樓價從每平方米九千元(人民幣),急漲超過一萬六千元,漲幅幾近一倍。不過,自三月北京中央多項壓抑樓市過熱措施出台後,上海的樓價在一個月內急挫逾百分之三十。而上月中旬,該市的住宅交易量更創下二百二十二個單位的單日交易量新低,較年初樓市興旺時每天住宅單位交易量至少一千、甚至達到千五的火爆場面簡直不可同日而語。
Posted by Jun at 2005-05-08 03:46:09
Commented on
Is the Real Estate Cooling Down? - Part III