KUALA LUMPUR: Shanghai’s new home sales fell 23% to 65,000 sq m in the week that ended June 20, 2010 compared to the previous week, said property consultant Shanghai UWin Real Estate Information Services Co in an email statement on Tuesday, June 22.

The report, which was quoted by BusinessWeek.com, said that the new home average price last week fell 7% to 17,998 yuan psm (RM8,472), while the supply of homes rose 24% to 129,000 sq m.
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