From IHT:
…”Market growth is the rule here,” noted Anna Kalifa, the head of research for Jones Lang LaSalle in Beijing. “It’s just a question of more or less.”
Sale prices of newly built homes slid slightly more than 40 percent year-on-year in the first half of 2007, figures from the national statistics bureau show. Meanwhile, agents estimate that new and resold apartments are going for 12 to 15 percent more than they were last year….[Full Text]
[Image from AP via IHT]
