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China: Property market set to make soft landing

Posted on 22 November 2010

From Peopledaily.com.cn: China’s property prices are likely to decline by almost 20 percent next year and the market may go through a major period of readjustment in March or April 2011, according to a report released on Saturday by Beijing-based Renmin University of China.
Prices will be dragged down by the government’s measures to cool the property market, which have placed constraints on developers, as well as by an adjustment of the country’s monetary policy, though the sector is not expected to suffer a “hard landing”, according to the report……………………………………….Full Article: Source


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