Home sales rebounded in Nov

Updated: 2012-11-16 22:03


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Sales of new homes in Beijing hit 10,314 units in the first half of November, close to a record high in the first 15 days of June, real estate brokerage firm Century 21st said in a report on Friday.

Compared with the same period in October, transactions jumped 134 percent, indicating strong demand from self-use buyers.

"Property prices will likely remain stable in the coming months until March next year," said Zhang Lei, an analyst with Century 21st.