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Morgan Stanley: "November Golden Week" real estate performance exceeded expectations, state-owned enterprise developers may have positive sales growth in October

Morgan Stanley "Eleven Golden Week Real Estate Performance Expectations State-owned Enterprises Open

On October 9, Morgan Stanley said that the performance of real estate sales during the Golden Week of 2024 exceeded expectations: the major developers we tracked performed strongly in real estate sales during the National Day Golden Week of 2024 (October 1-7), with an average year-on-year increase of 39%. This represents 86% of sales in September 2024, and 60% of contracted sales in October 2023, indicating that sales in October are likely to have a mid-double-digit increase month-on-month, and ...

2024-10-09 09:10:36

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