China's central metropolis Wuhan, capital of Hubei province, saw new home transaction volume reach 12,421 units in February, with a floor area of 1.403 million square meters, marking the highest level in 17 years, according to local official data.
The sales rose 87.2% from the previous month andsurging 108.5% from a year earlier.
Li Guozheng, market research director of China Index Academy, noted that the "explosive growth" in both month-to-month and year . . .
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