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Beijing property market cools

Posted on 09 November 2011

In Beijing, sales of pre-owned properties have fallen by nearly 50 percent since the purchase limits were implemented. Property prices have gone down as much as 11 percent across the nation’s capital.
According to official data, real estate in some of Beijing’s most sought-after locations is getting harder to sell. Properties sold within the second ring road area have seen a reduction of around 50 percent, since the policy was introduced………………………………………..Full Article: Source


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