| Beijing has seen an increase in the number of residential apartments sold in the city and witnessed a drop in prices for newly built homes in 2012, the Beijing Real Estate Association said on Sunday.
The capital sold about 230,000 residential apartments, a 36.9 percent year-on-year increase, statistics released by the association said. The average price for newly built residential apartments was 20,700 yuan(about 3322 U.S. dollars) per square meter. The figure was a 7.6 percent year-on-year decrease from that in 2011...............................................Full Article: Source
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