House price in Chongqing rebounds

In the last week, 6,320 sets of commercial houses a covered area of 610,000 square meters in Chongqing have been sold at an average price of 7,250 yuan per square meter, hitting a new record high over the last three months.

Real estate developers began sales in the last ten-day of October, increasing the sales of houses last week. It is the second time to exceed 600,000 m2 in the past three months with a quarter-on-quarter growth of 13% and an average price at 7,250 yuan/ m2, which is 200 yuan more than that in the last week.

Kuang Zhou