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Beijing housing prices 21pct down in Q1

Posted on 10 April 2012

Prices for newly-built residential houses in Beijing averaged at 12,326 yuan ($1,948) per square meter in the first quarter, down 20.7 percent year-on-year, Shanghai Securities News reported on Monday.
The data came from a report issued by the Beijing Real Estate Association – a non-profit organization linking the nation’s government with the real estate market – at Beijing Real Estate Trade Fair that ended on Sunday………………………………………..Full Article: Source


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