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

Stock News
Mar 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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