| After having cooled down in recent months, the real estate market in China is showing signs of recovery, due to pent-up demand, encouraging measures by local governments and easing macroeconomic policy, analysts said.
"Buyers who need apartments for their own use and who have been waiting for the right time to purchase since last year have started buying, as many real estate developers have cut house prices by 10 to 20 percent over the past few months," said Yin Bocheng, director of the real estate research center at Shanghai-based Fudan University...............................................Full Article: Source
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