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MNI (London)
CHINA PRESS: More cities are expected to see a further fall pre-owned home
prices next year, the China Times reported, citing Zhang Dawei, chief analyst at
Centaline Property Agency.
- In November, 17 cities saw a decline in pre-owns, which are believed to better
reflect the market price, including four major cities -- Beijing, Shanghai,
Guangzhou and Shenzhen, decreasing 0.6%, 0.1%, 0.3% and 0.2% respectively from
October, the newspaper said citing data released by the National Bureau of
Statistics on Saturday.
- This will be a starting point of the downward trend, the newspaper said citing
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