The real estate market in China was surprisingly steady. According to research by the Bureau of Statistics, published in the China Information News, the first half of real estate sales jumped by 53% compared to the previous year, while in June the average housing prices in 70 cities rose at an annual rate. At the same time, in the cities of smaller prices strengthened further. As a rule, in China, about 25% of the investment amount to just invest in real estate, and for the majority of Chinese people, it is the main form of capital investment. Also during the first half of China's increased sales of commercial real estate, having overtaken the US in terms of markets and the United Kingdom combined. It is expected that in the second half of the year in the world of commercial real estate sales will continue to grow, which, according to analysts, will be the first step on the way out of the global financial crisis. The revival of the Chinese real estate market is stable and possibly by the year 2010 the volume of investments in real estate will grow by 30%. Such optimistic forecasts about the price of housing should certainly lead to an increase in consumer confidence. On this Site: www.examiner.com The
