Fair Activity During June with Over 600 Building Projects Messrs. Erik Crone, Land and Fstate Aigency, review the Shanghai real estate market during the month of June, as follows Fair activity characterized the real estate market during the month of June. As was the case during previous months, the majority of transactions took place in the residential parts of both Concessions. Sole of these deals ran into very high figures, and as many of the properties were purchased for development purposes, building promises to continue active for the future. The prices commanded by some of the properties sold, seem fair indication of the steady interest and confidence on the part investors in real estate, The number of building projects for June was normal. The mumber of Chinese houses projected was May, but several imings were planned during June, as the following figures will show:
Tu the International Settlement: 295 Chinese shop and dwellings; 20 foreign store ne apartment building: 34 foreign residences; four factories; five g0- downs; one hospital,
Text read from the printed page and cleaned; old type leaves the occasional error.