Friday, July 1, 2011
Purchase restrictions and tight mortgage supply have muted demand
China’s June Home Prices Ease in Eight of 10 Biggest Cities
Home prices in cities including Beijing and Shanghai either posted slower gains or declines from May, SouFun said in an e- mailed statement today. Hangzhou and Tianjin are the only two among the 10 biggest cities that reported gains following a drop in May, the nation’s largest real-estate website owner said.
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