China ‘Tightening’ Speculation Follows Property Surge
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China’s attempts to cool the real-estate market may be faltering as sales surge, prompting speculation the government may issue more tightening measures.
Housing transactions in cities including Shanghai jumped in August from July, according to real-estate data providers. China Vanke Co., the nation’s biggest developer, said sales increased 149 percent from a year earlier. Government property data is due to be released as soon as Sept. 10.