According to Dragonomics, sales volume in the nine cities it tracks fell by about half since the start of the year.In Beijing, that has meant rising rents, say real-estate agents.Zhang Kai, an agent at Home Link in middle-class neighbourhood Tuanjiehu said the number of sales had dropped by half since February and monthly rents for small apartments jumped to about 3000 yuan in June from 2500 yuan a month earlier.Many apartment owners don't want to sell, he said, because they are waiting for prices to turn around.The Australian
"China's Property Bubble Deflating?"
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