China property prices surge as bubble concerns rise

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Source: Bloomberg
Property prices in China jumped from 16% to 20% in September of 2013, while the four largest cities of the country have seen a highest prices increase since the beginning of 2011. Prices in Shenzhen and Guangzhou regions climbed as much as 20% on the annual basis, while prices in Shanghai and Beijing added 17% and 16%, respectively. Analysts' concerns about possible bubble continued to rise.
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