| 14.11.2011 - Beijing's 5pct housing correction far from a collapse |
| If Beijing’s 5% correction in new housing prices is the signal for a collapsing housing market in China, one can only imagine what adjective used to describe the 40% correction in Las Vegas real estate: maybe apocalyptic. For the first 10 months of the year, Beijing real estate prices have declined exactly 5.1%, according to the Beijing Real Estate Association...............................................Full Article: Source |