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Chinese property developers see sales pick up in March

China's major property developers saw their sales pick up in March as the market in first and second-tier cities warmed up.
Real estate giant CR Land raked in 25.84 billion yuan (3.85 billion U.S. dollars) in sales in March, surging 48.5 percent year on year.
Sales of two other leading counterparts Vanke and Evergrande reached about 57.37 billion yuan and 54.9 billion yuan last month, up 13.2 percent and 11.2 percent compared with March 2018.
A private survey by property market research platform Cric China showed that the housing market's March performance was markedly better than the previous two months with sales warming up in first and second-tier cities.
China will unveil the March housing prices changes of 70 major surveyed cities Tuesday and disclose investment and sales information of the property market in the first quarter Wednesday.
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