Property sales up 47%

A total of 5,343 apartments were sold in Xiamen last December, a year-on-year increase of 47 percent. Apartments sold at an average price of 16,315 yuan per square meter on the island of Xiamen and 8,043 yuan per square meter in the mainland suburbs. The price differential drove an increase in the number of mainland property sales transactions. From http://www.common-talk.com