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China August residential property prices flat Vs July

Posted on 02 September 2011

Residential property prices in 100 major cities in China were largely flat in August compared with July’s 0.21% on-month increase, China Real Estate Index System said Thursday.

The data provider said a survey of property developers and real-estate agencies showed that the average home price in August was a tad up at CNY8,880 per square meter from CNY8,874 in July. The survey, which the company compiles together with online real-estate brokerage SouFun Holdings Ltd. (SFUN), is watched widely since China scrapped a national property price index in January……………………………………….Full Article: Source


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