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Bigger effect on pre-owned homes
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THE central government’s latest move to ease mortgage policies seems to have a larger impact on Shanghai’s pre-owned housing market, a senior housing official said yesterday.
Speaking during a live broadcast radio program, Liu Haisheng, director of the Shanghai Housing Support and Building Administration Bureau, said that indicators including property development investment and residential sales by volume all showed Shanghai’s property market still grows reasonably every year while the supply-demand situation also seems healthy.
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