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    Real estate reaches for new highs

    By Wang Yiqing | China Daily | Updated: 2016-07-07 07:51

    A period of cooling home prices is expected in second half of year, think tank report says

    China's housing sales are expected to reach a record high in 2016, though the growth of real estate investment may slow, said a report by a research group of the Chinese Academy of Social Sciences.

    After a short-term slump, China's real estate market has been rising since mid-2015, heating up rapidly in the first quarter this year.

    Real estate reaches for new highs

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