| 21.07.2009 - The real reasons for China’s real estate boom |
| From Chinaknowledge.com: Since March, housing prices in 70 major Chinese cities have stopped declining and begun to rise. But why has China seen such a strong rebound in its real estate market this year? Estate sales area is also rising. In the first half of 2009, estate sales area in China rose 31.7% year on year. Sales area grew more than 100% in Xiamen, Fuzhou, Ningbo, Shenzhen, Hangzhou, Wuhan, Tianjin and Suzhou.......Full Article: Source |