09.05.2013 - Beijing clampdown on property market 'won't hold back China homes sales'
Mainland home sales to grow at slower pace and prices to rise 5 to 10 per cent, says Moody's. The mainland property market will continue to grow, but at a slower pace, while developers which focus on the mass market will experience strongest growth, Moody's Investors Service said. Its view, in a report released yesterday, echoed predictions by analysts that property prices will rise 5 to 10 per cent this year........................................Full Article: Source
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