06.12.2012 - China property developers' sales rise in November
Several big Chinese property developers have reported stronger sales for November, in a fresh sign that the sector is on the mend even as Beijing vows to keep a firm grip on the market. Analysts said that demand remains fairly strong and many developers are scrapping or cutting back on special discounts rolled out when the housing market was struggling late last year. China's housing prices have remained largely unchanged since the beginning of the year, though the sales have been creeping up since June, aided by government policies that favor first-time home buyers and improve access to funding for developers...............................................Full Article: Source
Print