China’s tier one city property price bubble popping

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Cross-posted from Investing in Chinese Stocks.

iFeng: 北京楼市持续降温 业内预计房价或迎拐点

我爱我家 vice president Hu Jinghui, analysis, changes in house prices generally lag changes in trading volume than 3 months, beginning in early March to reduce the actual trading volume Beijing property market is now showing momentum stop rising, the market has been cooling owners began to affect pricing.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.