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China home sales surge despite cooling measures
Published Wed, Oct 19, 2016 · 09:50 PM
Shanghai
CHINA'S moves to cool rampant property prices may have had an unintended consequence - unleashing a stampede of buyers seeking to get in ahead of further restrictions.
With attempts to avert a bubble intensifying - property curbs have been rolled out in at least 21 cities and developers even banned from using words such as "exclusive" and "cheapest" in advertising - that boon to realtors' pay cheques may be about to end.
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