Shanghai residential property sales cool
By Wang Ying | China Daily | Updated: 2011-02-10 07:52
Apartment buildings in Shanghai. Analysts say investors might tap into commercial properties to evade the higher cost of the residential realty market. Kevin Lee / Bloomberg |
SHANGHAI - Policies aimed at cooling down the city's residential property market have started to take effect, and trading volume withered in the first week of February. But analysts say investors might tap into commercial properties to evade the higher cost of the residential realty market.
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