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China home prices to fall as supply grows - report

Posted on 10 January 2012

Home prices in China are likely to fall moderately in the first half of 2012 before stabilising in the second half as Beijing maintains market tightening measures, according to a report released on Monday by REICO, a research institute sponsored by developer.

Average home prices nationwide have declined since October, and government leaders have repeatedly said they want to pull prices back to a “reasonable level”…………………………………….Full Article: Source


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