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More than 100 cities closed home sales centres amid coronavirus outbreak, Q1 sales expected to drop


"Spring Festival is traditionally a high season for us, but this year, all the home sales centres have been closed, no transaction at all," said a real estate broker in Ximen, a city in southeastern Fujian province. The website of Xiamen city's real estate regulator shows zero transaction between Feb 1 - Feb 3.

Xiamen is not a standalone case. According to data from Yihan Consulting, 110 Chinese cities have closed home sales centres amid the novel . . .

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