06-01-2017, 01:57 PM
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Verified Member
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Join Date: Dec 2016
Posts: 16
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Cooling steps from worldwide
China
Shanghai
According to the National Bureau of Statistics' monthly 70-city residential property rate study, house prices in China's leading cities have actually surged as high as 63 percent in the year to March, motivating the execution of property cooling measures in current months across China by the authorities.
As component of the procedures introduced on 28 November, new residence customers will currently need to pay a down payment of a minimum of 35 percent, up from 30 percent in the past.
Shenzhen
Shenzhen, which is currently believed to have the greatest house rate risk throughout the cities in China, has actually also seen its share of getting limitations being implemented.
Check out International Property Solutions to learn more.
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