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Shanghai October New Home Prices Fall 5.93% on Month, UWin Says

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Nov. 1 (Bloomberg) -- Shanghai’s new home average price fell 5.93 percent in October from the previous month, property consultant Shanghai UWin Real Estate Information Services Co. said in an e-mailed statement today.

The average price fell to 21,302 yuan per square meter and new home sales fell 19.64 percent to 457,300 square meters, the real estate data company said.

To contact the editor responsible for this story: Gregory Turk at