I don’t have any supportative data for property market revival in Shanghai.
The day before yesterday, I went to Shanghai Pudong real estate transaction centre, and what I saw really surprised me. There are so many people buzzing in the hall, and you have to admit that people are coming back into the market again. When the volume of deals increases, the price hike is just following up.
Maybe it is time to buy property in China again.
No wonder today I saw a renowned property expert, Mr. Dong Pan said he would venture to say it is time to buy real estate now.
BTW, I still remember our dear premier Mr. Wen reiterated not long before that governments would keep tight curbs on the property market, but are you kidding?
Now it seemed that not only Shanghai property market is picking up, so are those in other parts of China.
Here is the affidavit for that: http://www.cnbc.com/id/47792996?__source=yahoonews&par=yahoonews
Maybe you will be lucky enough to ride this tide of price hike and garner a nice gain.