Archive for ‘May, 2010’

China Real Estate Changes as Property Developers Lower Prices

China Real Estate Changes as Property Developers Lower Prices

Chinese developer Evergrande Real Estate Group on Thursday started to offer a 15 percent discount on prices of its 40 property projects across the country to promote sales amid government tightening measures to cool down the red-hot sector, Shanghai Securities News reported. Analysts told the paper that Evergrande might become the first domino that triggers [...]

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