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Real Estate Briefing - Categorized | Developers, Market Moves more

China’s property developers slash real estate prices to court buyers

Posted on 28 October 2011

China’s property developers are actually offering discounts to real estate buyers, as they need higher sales to refill their parched cash flows.
Although the price decline has only happened in a few select areas and experts are still hesitant to interpret it as an exact sign of an overall downturn in China’s property market, positive outlook towards the sector is falling as the central government’s efforts to cool housing prices continues………………………………………..Full Article: Source


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


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