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Old 09-02-2011, 04:46 AM   #1
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Default but only to a certain extent

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After the traditional Chinese New Year in February, property sales rebounded, but only to a certain extent, causing developers to take the initiative to stimulate the market.
The promotion measures by developers have seen some effect, but where the market will go still depends on the overall environment,moncler quincy, especially credit policies, industry veteran Chai Yifeng said.
March and April are crucial to property developers as the two months decide the price trend of the whole year, said Xue Jianxiong, an analyst with real estate services company E-house.
At the annual National People's Congress (NPC) and Chinese People's Political Consultative Conference (CPPCC) sessions, property price is a hot topic. The rollout of new policies controlling property prices will further influence the market.
Contrary to developers' active gesture,doudoune moncler, most home buyers are taking a wait-and-see attitude,giubbotto moncler, since the central bank had raised the reserve deposit ratio,doudoune moncler pas cher, making them see the possibility of a property price drop,giubbotti moncler, an industry research report by Soufun said.
In Shanghai, 40 buildings will enter the market for sale in March,moncler sito ufficiale, more than in February. Beijing developers are offering to reduce the price if customers pay the deposit for their newly launched building projects. The reductions range from 30,000 yuan ($4,400) to 100,doudoune moncler pas cher,000 yuan.

Related readings:
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 Nearly half of CPPCC proposals focus on housing
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Many property developers in major cities like Beijing and Shanghai have increased their supply or introduced favorable terms in an effort to end the sluggish sales of the last two months, the 21st Century Business Herald reported on Wednesday.
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