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China Confidential - Premium Investment Insight

Update Alerts

03 September 2012

China’s home prices rose month-on-month in August but were still down year-on-year, according to data announced today as Premier Wen Jiabao said that controls over the real estate market were still in a “critical period”. We think Mr Wen’s words and the uptick in MoM prices reinforces the likelihood that China’s home purchase restrictions (HPR) are set to remain in place over coming months, but a tightening of HPR also remains unlikely unless prices start to climb more steeply.

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