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Beijing pre-construction house sales drop by 76 per cent in September.

BBC Monitoring International Reports

| October 03, 2008 | COPYRIGHT 2001 BBC Monitoring. (Hide copyright information)Copyright

Text of report in English by official Chinese news agency Xinhua (New China News Agency)

["Beijing Pre-Construction House Sales Dips 76 Pct in September"]

BEIJING, Oct. 3 (Xinhua) - Pre-construction sales of Beijing residential units dipped 76 per cent in September from the same month last year, figures from an industry website show.

In total, 2,788 pre-construction units were sold last month, a daily average of 93 units, according to statistics from the Beijing Real Estate Trade Management website under the Beijing Municipal Construction Committee.

The figure was the lowest among publicized monthly figures in the past three years, the …

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