China's home sales show signs of recovery as coronavirus outbreak abates

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As China gradually resumes business and production activities, its property market is showing signs of recovery.

The top 100 leading property developers in China saw sales revenue surge 136.2 per cent in March from a month earlier to 769 billion yuan, according to the E-House China R&D Institute.

Although the sales are 17 per cent lower than the same period last year, the drop narrowed by about 21 percentage points compared to February, according to E-House.

In the 22 major cities tracked by the China Index Academy, new . . .

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