27.08.2010 - Reality check for China’s real estate
From Forbes: The latest news out of China is bearish. However, you have to be very careful of how you interpret the numbers. Those who want to present the bullish view will give you sales or price numbers for real estate for the first half or the last year. That disguises the plunge in sales since April. For example, the year-over-years sales increase in China property prices is 11.4%. However, sales since April have plunged..............................................Full Article: Source
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