Central China Real Estate Reports 9.8 Billion Yuan in Property Sales for First Two Months, Down 37.7% Year-on-Year

Stock News
03/13

Central China Real Estate announced its property sales results for the first two months of the year. In February, the group achieved contracted property sales of 580 million yuan, a decrease of 41.5% compared to the same period last year. The contracted sales area amounted to 93,800 square meters, down 42.7% year-on-year. The average selling price per square meter was 6,172 yuan, which increased by 2.1% compared to the previous year.

For the two-month period ending February 28, the group's total contracted property sales reached 980 million yuan, representing a 37.7% decline from the prior year. The total contracted sales area was 152,400 square meters, a decrease of 40.3% compared to the same period last year. The average selling price per square meter rose to 6,409 yuan, up 4.4% year-on-year.

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