Central China Sees Contracted Sales Slide 12.9% in August; Eight-Month Total Falls 14.7%
Bulletin Express
Sep 16
Central China Real Estate Limited (Central China) reported unaudited property contracted sales of RMB572.00 million in August 2026, a 12.9% decline from the same month last year. Contracted gross floor area (GFA) fell 7.3% to 93,663 sq.m., while the average selling price eased 6.1% to RMB6,107 per sq.m.
For the first eight months of 2026, the developer recorded contracted sales of RMB4.79 billion, down 14.7% year on year. Total contracted GFA contracted 18.6% to 724,658 sq.m. Average selling price, however, rose 4.7% to RMB6,616 per sq.m.
The company noted that all disclosed figures are based on preliminary internal records and remain unaudited.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.