Buyers look at models of new residential developments for sale in Beijing. Home prices in Beijing and three other major cities rose more than 20 per cent in November. Photo: EPA Buyers look at models of new residential developments for sale in Beijing. Home prices in Beijing and three other major cities rose more than 20 per cent in November. Photo: EPA
Buyers look at models of new residential developments for sale in Beijing. Home prices in Beijing and three other major cities rose more than 20 per cent in November. Photo: EPA
China property
Property /  Hong Kong & China

Cooling measures fail to hold down home prices in top-tier cities

Authorities face a balancing act in trying to keep a runaway market in check while not wanting to trigger a downturn that may cause unrest

Topic |   China property
Langi Chiang
Langi Chiang

Updated: 4:39am, 17 Jan, 2014

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Buyers look at models of new residential developments for sale in Beijing. Home prices in Beijing and three other major cities rose more than 20 per cent in November. Photo: EPA Buyers look at models of new residential developments for sale in Beijing. Home prices in Beijing and three other major cities rose more than 20 per cent in November. Photo: EPA
Buyers look at models of new residential developments for sale in Beijing. Home prices in Beijing and three other major cities rose more than 20 per cent in November. Photo: EPA
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