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Shenzhen property market will see glut in 2013

Posted on 06 February 2013

Looking closer at the southern city of Shenzhen, one of the biggest property markets on the Chinese Mainland, property prices there also increased in the first month of this year.
Last week China put the brakes on the the expansion of a nationwide property tax scheme that’s causing some confusion amongst market watchers on where housing prices may go this year with some of them adding there could be a glut of supply for 2013 in Shenzhen. Major cities in China saw home prices rise in January. China’s southern metropolis of Shenzhen, is no exception………………………………………..Full Article: Source


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