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Guangzhou property market boosted by insurance policies to rework trade, entice expertise – NEWPAPER24

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Guangzhou property market boosted by insurance policies to rework trade, entice expertise

2021-01-20 02:00:16

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Guangzhou’s property market will profit from its industrial transformation and coverage to draw expertise from neighbouring cities, analysts mentioned.Residence costs within the metropolis had been already trending up final yr in accordance with two gauges. The costs of recent houses rose 11.8 per cent to 30,456 yuan (US$4,695) per sq. metre, in accordance with China Actual Property Index System (CREIS) knowledge compiled by brokerage Cushman & Wakefield. Residence costs basically rose for six consecutive months between June to December,…

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