28.02.2012 - China home prices falling fast
Home prices remain in free-fall. Not here at home, mind you, where roughly half of all U.S. states saw housing prices tick up in the fourth quarter of 2011. No less an economic oracle than, well, the Oracle of Omaha himself -- Warren Buffett -- thinks that over the long term housing could prove more attractive than stocks. No, that rapidly deflating housing bubble is in China. Average homes prices across 100 mainland cities have fallen five consecutive months, amid efforts by the People's Republic to cool the country's overheated property sector...............................................Full Article: Source
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