Sellers hope to ride even higher on property wave
By Wang Wei | China Daily | Updated: 2010-03-24 07:50
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An agent walks past a housing agency in the Wangjing area. Homeowners have pulled out of sales of their houses as land prices in the area have skyrocketed. Wang Jing / China Daily |
Around 30 percent of people selling second-hand homes in Wangjing, Chaoyang district, have terminated contracts with buyers in recent days in anticipation of prices shooting up even higher.
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