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Hong Kong’s weekend sales of used homes climb on price cuts

Posted on 06 December 2010

From Bloomberg: Weekend transactions of used homes rose in Hong Kong as some owners cut prices after expanded government efforts to cool the property market.
Sales increased to 26 from 20 a week earlier, according to data from Midland Holdings Ltd., the city’s biggest realtor by market value. Centaline Property Agency Ltd., the biggest closely held realtor, said transactions rose to 35 from 19, according to a press release……………………………………….Full Article: Source


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