Housing market improves after slump in major cities
By Zheng Yangpeng | China Daily | Updated: 2016-01-05 07:58
Smaller areas were less fortunate, experiencing declines in sale prices
If there is one word to summarize China's property market in 2015, it would be "divergence".
Overall sales and prices recovered after a slump in 2014, as average new home prices in 100 cities monitored by China Index Academy, a private research institution, rose 4.15 percent in the past year.
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