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China: Sluggish property market in third-tier cities

Posted on 17 January 2013

China’s real estate market in major cities is warming up, with home prices rising, and more people buying new apartments. However, this is not the case across the country. In smaller cities, real estate agents are finding it increasingly difficult to survive. For more details, here is our reporter Laiming.
As major Chinese cities continue to record a rebound in home prices, smaller, third-tier cities are being hit hard by a sluggish market. All over the country, city planners and investors are suffering the consequences of overexpansion………………………………………..Full Article: Source


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