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Nov 3, 2013

China Real Estate Prices (2007-2013)

This graph shows the national average of residential real estate prices in China. As you can see prices, corrected for inflation, have increased by 70 percent up until late 2012 and lost some of it's value in the beginning of 2013. This shows that although the Western world encountered a big crisis, Chinese house prices rose substantially.

After all tightening measures house prices were lowered.

Zero Hedge


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