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18 Oct
09:05

China’s property sector recovers moderately as difficulties remain

In September, the last month of the third quarter, China’s real estate industry showed some signs of a recovery with the help of stimulus measures. However, the the recovery is slow and year-on-year comparisons remain negative, Kallanish notes. Due to more purchasing restrictions being removed in core cities, sales have improved. September sales area surged 47% over August to 108.57 million square metres, although it was still 19.8% lower year-on-year. Year-…
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