| China may be succeeding in its two-year effort to cool the housing market without crashing it, as some experts see trends of an ongoing consolidation in house prices, but not a U.S.-style subprime accident.
The weakening market, which saw average nationwide prices fall for a fifth straight month in February, is in line with the gradual softening sought by Beijing when it initiated a tightening of residential property restrictions in early 2010, analysts say...............................................Full Article: Source |