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Inventory may hold back prices of mainland real estate

Posted on 21 November 2012

Increased property sales, stabilising home prices, and aggressive land purchases by major developers all point to a positive outlook for the mainland real estate market, say property analysts.
But beneath the surface, they warn, lurks a hidden worry - sizeable inventories - which could emerge to derail improving sentiment next year. According to a report from Nomura Equity Research released on Monday, month-to-date aggregate property sales were up 108 per cent year on year in 10 major mainland cities tracked, including Beijing, Shanghai, Guangzhou and Shenzhen……………………………………….Full Article: Source

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