China's housing market showed some "positive changes" in May, industry insiders say more time needed for market stabilization

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Major indicators for China's real estate market remained much weaker than a year earlier, but some positive signs emerged in May, with real estate investment and property sales rising from the previous month, following a series of measures aimed at supporting the housing market. Industry insiders say that market sentiment remained weak and more time is needed for the housing market to stabilize.

China's real estate investment declined 4% in the period of . . .

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