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Real Estate Briefing - Categorized | Emerging Trends, Finance, Market Moves more

China real-estate prices cooling, not crashing

Posted on 22 March 2012

China may be succeeding in its two-year effort to cool the housing market without crashing it, as some experts see trends of an ongoing consolidation in house prices, but not a U.S.-style subprime accident.
The weakening market, which saw average nationwide prices fall for a fifth straight month in February, is in line with the gradual softening sought by Beijing when it initiated a tightening of residential property restrictions in early 2010, analysts say………………………………………..Full Article: Source


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