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Will China's property market revival continue?

  • Published 28 May 2009

Residential property sales, construction of floor space and real estate prices have been rising in recent weeks, but is the trend sustainable?

China's property market has been bouncing back over the last several weeks. Statistics from the China Real Estate Index System showed that residential property sales in 30 large cities increased by 11.42% April from March and transaction prices for new residential developments were up 3% week on week to the highest level this year between May 11 to 17. But is the revival expected to continue?

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