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China sees first property market price increase in nine months

Posted on 10 January 2013

China’s housing prices in 100 major cities averaged RMB9,715 per square meter in December 2012, up a marginal 0.03 percent from a year earlier, according to the China Index Academy (CIA).
Prior to December’s modest increase, China’s national property market had failed to record positive year-on-year growth for the previous eight consecutive months – largely due to government-led efforts to keep property prices in check………………………………………..Full Article: Source


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