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Beijing clampdown on property market ‘won’t hold back China homes sales’

Posted on 09 May 2013

Mainland home sales to grow at slower pace and prices to rise 5 to 10 per cent, says Moody’s. The mainland property market will continue to grow, but at a slower pace, while developers which focus on the mass market will experience strongest growth, Moody’s Investors Service said.
Its view, in a report released yesterday, echoed predictions by analysts that property prices will rise 5 to 10 per cent this year………………………………….Full Article: Source


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