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China home price declines slow, Beijing to keep curbs

Posted on 19 June 2012

China’s home prices dipped for the eighth straight month in May but the pace of decline eased, fanning talk that the market may be bottoming out and that recent monetary stimulus could set the stage for a rebound.
Home prices in the world’s second-largest economy have fallen month-on-month since October, after China tightened policy more than two years ago to take the steam out of sizzling home prices………………………………………..Full Article: Source


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