10.01.2013 - China sees first property market price increase in nine months

China’s housing prices in 100 major cities averaged RMB9,715 per square meter in December 2012, up a marginal 0.03 percent from a year earlier, according to the China Index Academy (CIA). Prior to December’s modest increase, China’s national property market had failed to record positive year-on-year growth for the previous eight consecutive months – largely due to government-led efforts to keep property prices in check...............................................Full Article: Source

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