...Volume vs. value Contracted sales growth accelerated to 39% yoy and 41% mom Investment in residential property continued to grow at a low-single- digit pace yoy GFA sold sustained a double-digit growth, while new-home construction and land acquisitions weakened on a yoy basis. Twenty-seven major cities reported an increase in new-home prices, seven more than in May 2015. Prices rose further in Tier 1 and Tier 2 cities, but kept sliding in lower-tier cities....