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Shanghai new home sales fall 11% last week

(Agencies)
Updated: 2010-08-09 15:49
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New home sales in Shanghai fell 11 percent in the week ended August 8 from the previous week to 137,000 square meters, property consultant Shanghai UWin Real Estate Information Services Co said in an e-mailed statement Monday.

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New home prices gained 10 percent to 23,242 yuan per square meter last week, the real estate data company said. The supply of homes fell 36 percent to 97,000 square meters, it said.

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