from asia times online....
"Property prices continue to decrease in China, but there is no sound of a bubble popping. The China Index Academy, an institute focusing on real estate, reports that property prices declined in November for the third month in a row, down 0.3% from October after October was down 0.2% from September. Prices fell in all 10 of the biggest cities, and in 57 of the 100 that the Academy tracks.
This is in line with the report last month by China's National Bureau of Statistics that that residential property prices fell in October in 33 of the 70 cities it tracks, double the number from September. In a report released on Monday, Credit Suisse forecasts residential property prices in China to decline 20% from their high in 2011 through the end of 2012"............READ MORE
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