7 Months in a Row – China’s Property Prices Rise
Seven months in a row China's real estate sector has risen to set yet another record.
Housing prices in 70 cities were up 9.5%.
Beijing and Shenzhen show double-digit growth.
Investment in real estate wose 31.4% over last year's same time frame.
Of those investments, 70% were for residential property.
Investments for construction, factories, and other urban fixed assets went up
26.9%.
China still has NOT cooled off real estate speculation.
Which is good for me, considering I have property in Shenzhen.
Go prices, go!
