In March, the real estate market rebounded, with sales of one hundred typical real estate companies increasing by 127.1% month-on-month.
Under a series of continuously supportive policies, the real estate market in the first quarter of this year showed signs of warming on the sales front and presented a positive trend of stabilization and improvement. On April 1, the latest data released by research institutions showed: In March, the sales area of new commercial residential buildings in 50 key cities nationwide was approximately 11.33 million square meters, an increase of 89% compared to the previous month; the sales area of second-hand houses in 20 key cities was approximately 17.97 million square meters, an increase of 117% compared to the previous month. At the same time, real estate companies also experienced a significant rebound in sales, with 100 typical real estate companies achieving a sales equity amount of 206.52 billion yuan in March, an increase of 127.1% compared to the previous month.
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