The Chinese property bust seems over before it ever really started, with the latest bullish news being a 17.3% jump in Shanghai property sales last week. Prices did fall 3.3%, but instead of scaring buyers off (which would happen in a true bust), it looks to have drawn them out. The China Real Estate ETF (TAO) +4.7% YTD after a torrid 2012.
The Chinese property bust seems over before it ever really started, with the latest bullish news...
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