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Beijing property market cooling

Posted on 25 May 2011

The number of apartments for sale in Beijing has increased and house prices have fallen slightly, indicating lower sales volumes and suggesting that the overheated property market has begun to cool down.
The number of new apartments for sale grew to 100,868 units on May 22, higher than the year’s previous record of 100,362 on January 18 during the winter low season, according to the report from property consultancy Centaline China Real Estate Tuesday……………………………………….Full Article: Source


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