Property market would still be a bull case

Macroeconomic controls on the fast growing real estate market since early this year are believed to be curbing soaring property prices and speculative investment. However, the real estate market is still a strong driver of the country’s economy. Economists and industry analysts have reached a consensus that as a consequence of the rising yuan and a higher rate of urbanization, China will still see a stable growth of property prices during the next two decades.

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