Central China Real Estate Sees Mixed Sales Performance

Central China Real Estate (HK:0832) has released an update.

Central China Real Estate reported a notable increase in property contracted sales for November 2024, reaching RMB960 million, a 7.9% rise compared to the previous year, despite a decrease in average selling prices. However, the overall sales for the first 11 months of 2024 saw a decline of 37% year-on-year, with a total sales volume of RMB8 million. The data reflects both growth in the November period and challenges over the longer term.

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