China July Property Prices Rise 10.3% From Year Earlier, Slowing From June

Posted by property | Posted in Real Estate | Posted on 10-08-2010-05-2008

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China July Property Prices Rise 10.3% From Year Earlier, Slowing From June
China’s property prices rose at the slowest pace in six months in July as the government clamped down on speculation to prevent asset bubbles and keep housing affordable.
Read more on Bloomberg

Property Tax Cap Stuck In New York State Assembly
BUFFALO, N.Y. – It may be wildly popular, but a statewide cap on local property taxes may never become law in New York. The measure, proposed by Governor David Paterson, would forbid local governments from raising property taxes by more than four percent annually.
Read more on WGRZ-TV Buffalo

China property prices slow
BEIJING – PROPERTY prices in China rose at a slower pace in July from the previous month, government data showed on Tuesday, as efforts to curb speculative investment in the real estate sector started to bite. Housing prices in 70 major cities rose 10.3 per cent on year in July, the National Bureau of Statistics said, down from 11.4 per cent in June.
Read more on Straits Times

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