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20 May 2013
Flash: Chinese near term policy easing unlikely – TD securities
FXstreet.com (London) - TD Securities research teams noted that the property price inflation remained strong in April despite new government measures to cool the market.
Prices of new homes rose in 67 of 70 cities surveyed (was 68 in March), though the m/m pace of the increase generally moderated in April, after big rises in March. They suggest that the ongoing buoyancy of the property market, combined with recent comments by Chinese authorities, underlines their view that near term policy easing is unlikely.
Prices of new homes rose in 67 of 70 cities surveyed (was 68 in March), though the m/m pace of the increase generally moderated in April, after big rises in March. They suggest that the ongoing buoyancy of the property market, combined with recent comments by Chinese authorities, underlines their view that near term policy easing is unlikely.