In August, sales in the secondary real estate market 's largest China's cities were reduced by 13 % compared to the previous month.
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The decline in sales in this segment has been observed for the second consecutive month . at this for six months in Shanghai, I was sold on 9, 3 % of real estate more than in all of 2008. Volumes in the secondary market Real Estate Shanghai in August, also declined - by nearly 20% compared to to July. Prices for the same period grew by 1-4 %, the Shanghai Post referring to the local property market professionals . Recall that similar trends are observed in the primary housing market Shanghai. Transaction volumes have decreased in August at 14, 4 %, while the average cost rose to record high - $ 2708 per square meter. m
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