Different circumstances
By Yi Xianrong | China Daily | Updated: 2012-07-05 08:15
Recent rise in house prices due to misinterpretation of policies to stabilize growth and renewed speculation
The rising house prices in some cities in recent months have caused concerns that the real estate regulations launched by the government over the past two years have failed to cool the market.
There are also concerns that speculators have returned to the market as the housing supply seems to be failing to meet demand.
Photo
