Trading of New Beijing Properties Dropped 40%
Published:
2010-04-22
According to statistics from the official Beijing Municipal Management of Real Estate Trading website, 483 newly-completed residential properties were traded on April 15th, this declined to a total of 291 properties on April 20th, a drop of 40 percent over six days. China's State Council announced new measures that would limit availability of credit to certain classes of home buyers on April 17.
Source
The Beijing News
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