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China: High land prices pep up realty market

Posted on 11 June 2009

From Chinadaily.com.cn: With property prices in major Chinese cities beginning to perk up, the land transaction market touched a new high in May, thanks to realtor’s improved cash flow, loosening credit environment and lesser worries of inflation.

Last month, land sales in Beijing exceeded the total amount sold from January to April……..Full Article: Source


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