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Realty stocks fall as authorities reaffirm curbs

Updated: 2012-07-21 07:58
By Wei Tian ( China Daily)

Realty stocks fall as authorities reaffirm curbs

People look at a model of a housing development at a property fair in Fuzhou, Fujian province, on May 26. Zhang Bin / For China Daily

Real estate stocks decreased further on Friday after the authorities reiterated their stance to guard against a possible rebound in housing and land prices, leading to a decline in the benchmark index for the fifth consecutive week.

Realty stocks fall as authorities reaffirm curbs

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