Mon, 20 Feb 2012 09:06:31 GMT
China's house prices tumbled in January
China's property market faced the worst performance in a year in January. Real estate prices dropped in the majority of the large cities last month, reported the NBS. Wenzhou hit the record, with prices falling by 0.6% over the month. Shanghai and Beijing both faced 0.1% price decrease in January. Experts attribute poor property market performance to government's policies aimed