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Asia’s luxury residential markets cool slightly in Q3

Posted on 26 October 2011

Average capital values fell 0.2 per cent quarter on quarter in quarter three (Q3) 2011 across monitored luxury residential markets in Asia, compared with the positive 1.6 per cent growth recorded in quarter two (Q2), according to the latest Residential Index from Jones Lang LaSalle.

Price growth has slowed steadily from the 7.4 per cent quarter on quarter increase recorded in Q32009, but this was the first time that average prices have declined since the first quarter (Q1) of 2009………………………………………..Full Article: Source


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