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Home Sales Rise 25% in China’s Guangdong in June, Xinhua Says

Property developers sold 8,952 units of new homes in the provincial capital last month, up 25 percent from a year earlier, Xinhua said today * Xinhua cites a statement on the website run by the city’s land resources and housing management bureau * Sales on June 28 and 29 marked this year’s daily record of 553 units each day

To contact the reporter on this story: Paul Gordon in Hong Kong at pgordon6@bloomberg.net

To contact the editor responsible for this story: Grant Clark at gclark@bloomberg.net

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