11.08.2010 - Chinese property market slowing
From Nikkei: Real estate sale prices in 70 major cities rose an average of 10.3% on the year in July, slowing from June's 11.4%, according to data released Tuesday by the National Bureau of Statistics of China. This marked a third straight month of slower growth -- a sign that overheated prices may be losing steam. Sales have plunged since the government rolled out this April tougher mortgage requirements for second-home purchases in a bid to curb speculative investing..............................................Full Article: Source
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