Two of China’s private data agencies withheld monthly home sales figures at the government’s behest, reports Bloomberg. According to people familiar with the matter, China Real Estate Information Corp and China Index Academy which are among the country’s biggest private property data providers, didn’t disclose the combined sales of the nation’s 100 largest developers for November on Sunday.
The two agencies, which usually release the data on the last day of every month, were told by China’s housing bureau to suspend making such figures publicly available until further notice, the people said.
Financial institutions that paid for the figures will still have access to them, provided they keep the data confidential, one of the people said.