Central China Real Estate Sees Higher Prices but Weaker Volumes in Early 2026 Sales
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Central China Real Estate (HK:0832) reported a 0.8% year-on-year increase in April 2026 contracted sales, totaling RMB604 million, despite a 10.5% decline in gross floor area to 86,360 square meters. For the first four months of 2026, total contracted sales fell 18.0% to RMB2,220 million, with a 24.7% drop in GFA to 338,285 square meters. Average selling prices increased by 12.7% to RMB6,994 per sq.m., indicating price firmness amid ongoing volume weakness and uncertainty in the Chinese property market.
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