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CHINA PRESS: China's housing sales will likely decline in 2018 while price may
gain slightly, the Economic Information Daily reported, citing Ouyang Jie, vice
president of Future Land Corporation. Gov't curbs on the property sector will
likely remain for the next five years, so the restrictions on obtaining
mortgages, property purchases and price gains will continue, the newspaper said.
***Comment: China's property market will continue to be under administrative
heavy-handedness with restricted capital discouraging purchases and investments.