Residential property prices decrease in China

Note: This section contains information in English only.
Source: China.org.cn

Residential house prices declined for the third consecutive month in November as a result of government restriction policy, according to report of China Real Estate Index System. The average price for residential property in 100 cities surveyed dropped by 0.28% on a monthly basis. In response property developers have commenced selling houses with over 20% discount weighting down on prices.

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Fri, 02 Dec 2011 07:10:39 GMT

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