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Some buyers jump in for fear of missing bottom

By Hu Yuanyuan | China Daily | Updated: 2012-02-27 08:04

BEIJING - Liu Xin, a 29-year-old company executive, finally decided to sign a contract with a real estate brokerage firm this past weekend.

The price of the second-hand two-bedroom apartment Liu wanted to buy had fallen some 10 percent from three months earlier.

The agent from brokerage Homelink told Liu last week that more people were showing interest in that apartment.

Some buyers jump in for fear of missing bottom

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