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China: No holiday cheer for housing sales

Posted on 31 January 2012

China’s housing market had a bleak week during the Lunar New Year holiday, with many cities seeing few transactions. In Guangzhou, capital of South China’s Guangdong province, 19 new properties were sold from Jan 22 to 27, a 59.6 percent year-on-year fall.
In Hangzhou, capital of East China’s Zhejiang province, only one property was sold during the holiday, local media reported………………………………………..Full Article: Source


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