U-turn seen in real estate low

UNLIKE most major cities in China, Shanghai, the country's economic powerhouse, saw its real estate prices continue to drop in the first six months of the year, the June report from the China Real Estate Index System (CREIS) said. Sun Yihao, secretary-general with Shanghai Real Estate As said p...

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Bibliographic Details
Published inChina daily (North American ed.)
Main Author Da Shan and Wei Ke
Format Newspaper Article
LanguageEnglish
Published New York, N.Y China Daily 28.07.1997
EditionNorth American ed.
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Summary:UNLIKE most major cities in China, Shanghai, the country's economic powerhouse, saw its real estate prices continue to drop in the first six months of the year, the June report from the China Real Estate Index System (CREIS) said. Sun Yihao, secretary-general with Shanghai Real Estate As said prices for Shanghai's property products are relatively stable. Shen Zhongbing, director and general manager with Shanghai Lansheng Real Estate Co Ltd, said prices for Shanghai's property products are at the lowest level today.
ISSN:0748-6154