07.06.2012 - China: Housing report notes rise in sales
A sales report for May has sounded an optimistic note on the country's under-pressure housing market. The report, released on Tuesday by SouFun Holdings Ltd, suggests that after a long chill in new property sales, the majority of Chinese developers have recorded fresh peaks in May. The upbeat trend is expected to continue in June, said analysts, but prices are likely to remain largely static, they cautioned...............................................Full Article: Source
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