12.06.2009 - China: Property prices bottom out

From Cctv.com: China's property prices fell by 0.6 percent year on year during last month. But they were higher than in April. Experts say this shows the country's property market has bottomed out. Things are looking up for the real estate sector. The National Bureau of Statistics says although property prices in May dropped from a year ago, they were 0.6 percent higher than in April........Full Article: Source

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