| The Chinese government has been trying to cool the property markets for about two years in an effort to make housing more affordable. Governments at various levels issued regulations that have made it more difficult for people to get loans or make it all but impossible to buy if they already own a few properties.
The housing prices have held up until recently, when statistics showed that prices fell by 0.23% nationally compared with September, faster than 0.03% drop posted in September from August...............................................Full Article: Source
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