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China property prices to come down in 2011: Moody’s

Posted on 02 December 2010

From Peopledaily.com.cn: The world’s leading rating agency Moody’s said that China’s property market has experienced asset bubbles during the past 18 months, but government intervention to cool down the market will help stave off a big downturn in the housing prices.
In a report released yesterday, the agency said it expected a “moderate correction” in China’s housing prices in 2011, but added that it would be offset by prudent government regulation and higher liquidity levels among the developers……………………………………….Full Article: Source


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