The growth in the mainland's property market continued last month, but the galloping year-on-year momentum in sales value had slowed down to 34 per cent in May from 57 per cent in April. Photo: EPA

China homes not hit in cash crunch

The impact of squeeze on housing market will be minimal, say observers, as demand remains strong though growth in value slows

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The growth in the mainland's property market continued last month, but the galloping year-on-year momentum in sales value had slowed down to 34 per cent in May from 57 per cent in April. Photo: EPA
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