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Guangzhou Bureau of Land Resources and Housing Management yesterday (May 8) announced the real estate transaction number during the May Day Holidays.
826 houses were sold during the golden week, with an average price of 5,976 yuan per square meter. This number is 4.4% lower than that in April and the first decrease this year.
Officials from the Bureau said the transaction number and price is stable and buyers are rational.
Editor: Yan
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