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Fine-tuned policies spark realty recovery

From en.ce.cn

China's housing market led by first-tier cities is showing signs of regaining stability on the back of recent supportive measures, indicating the current downturn in home prices might have been checked for now, paving the way for a mild recovery, industry experts said on Thursday after reviewing the latest data. In September, China's top four cities Beijing, Shanghai, and Shenzhen and Guangzhou in Guangdong province - extended year-on-year recovery in prices of new homes, which rose by 0.7 percent but were flat month-on-month. In month-on-month terms, pre-owned home prices there rose by 0.2 percent, the first ... (full story)

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  • Category: Fundamental Analysis