Woes

Woes

Real Estate Woes Spread to China

Hong Kong's picture
Posted by Hong Kong on Thu, 2008-09-11 14:52
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Intro

China has joined the United States, Britain, Spain and others on the list of nations suffering a real estate decline.
Although the last national statistics showed single-digit growth from July 2007 to July 2008 in the average price of commercial and residential real estate, real estate brokers say prices are down from peaks reached earlier this year, while the number of transactions has plunged.

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