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China’s property market to stay cool in new year

Posted on 03 January 2012

Restrictions on China’s residential property market are causing it to experience its coldest winter in a decade. And analysts say 2012 will be an even tougher year.
By Wednesday, sales contracts for 9.4 million sq m of new homes had been signed in Beijing and an estimated 9.5 million sq m worth are expected to be signed by the end of the year, according to a report by the Beijing-based Centaline China Property Research………………………………………..Full Article: Source


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