Property sales during "Golden Week".....>

CHINA PRESS: Property sales during "Golden Week" -- which are usually robust

during the week-long holiday -- were sluggish this year, as regulations aimed at

curbing rising property prices had an impact, the Economic Informational Daily

reported in its front page on Monday. Sales volume in larger Tier 1 and Tier 2

cities dropped to the lowest level since 2014, while sales in smaller Tier 3 and

Tier 4 cities remained robust due to the continued destocking process, the

report said. Although house prices have peaked this year, buyers' willingness to

purchase properties has not abated. Authorities maintain strict property market

controls, particularly in smaller cities, to remove the expectation of higher

housing prices in future, the report suggested. (Economic Information Daily)