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Something strange is happening in the Chinese real estate market

Posted on 30 August 2011

Despite the official data suggesting that home prices aren’t really falling much, there are something rather more interesting that I have been reading and hearing for a while now.
Since probably a month or two ago (or perhaps longer?), there are various reports suggesting that prices in the primary residential market are getting cheaper than secondary residential market, i.e. new homes are getting cheaper than second-hand properties. This was particularly true for those in the fringe areas of big cities, but there are more and more such anecdotes in more and more cities……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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