| From Chinadaily.com.cn: Chinese home prices began to pick up from one-year lows starting in February and home buying volumes reached a record high in recent months. Evidently, some buyers believed that prices had hit bottom at the start of the year. The situation has given Sun and other home buyers reason for concern.
Figures from the National Bureau of Statistics (NBS) showed that prices of new and existing homes in 70 large and mid-sized Chinese cities including Beijing, Shanghai and others fell 0.6 percent year-on-year in May, but prices still edged up 0.6 percent from April.........Full Article: Source
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