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Aug
2014

Residential property sales and the high-end furniture market

The government’s efforts to slow the domestic property market that were initiated 24 months ago, which coincided with the general slowing of the economy appear to have worked well, but as a side affect they left many furniture and home decoration brands struggling to make money after their earlier years of rapid expansion. In recent months, many cities have taken off the brakes that were applied to purchasers in a hope to prevent the local market stalling. In this sector report, we review recent changes to the rules for buyers, and look at the furniture consumers of today. ….

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