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China sees signs of property revival

Posted on 19 December 2012

After a long campaign to tamp it down, the Chinese property market may be set to give the world’s No. 2 economy a lift next year.
A government survey released Tuesday showed that average housing prices in China rose at a faster pace in November from the month before, following largely marginal gains since June. Sales and investment picked up in recent weeks in part because of a growing perception that prices have bottomed out, analysts said………………………………………..Full Article: Source


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