Residential land transactions in Shanghai totaled 4.82 million square meters in 2011, down 16.97 percent year-on-year. Transaction value fell 39.54 percent to 47.04 billion yuan.Premiums on land sales collapsed. Developers were paying average premiums of 100% in 2010; in 2011 the average premium was 40%. The highest value land sold this year, as priced per square meter, fell 60% from 2010's peak.
The Bear Market Rally Of Oct22-Mar24 Is Over
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The bear market rally which began on October 13, 2022 with an intraday low
of 3,492 topped on March 28, 2024 with an intrday high of 5,265. From top
to bot...
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