By contracts, the primary sector remains somewhat volatile, developers who are not cash [headwind] can hold arm to inventory partner and therefore more reluctant to this conference stock they have. We saw relatively low transaction volumes, across the primary marketing in the first quarter, probably because buyers the better values in this current market all because it translate the developers to more further discount.Through the rest of year, we expect that government will continue to try to achieve the market relatively subdue by sending signals from time-to-time about the commitment to policy restrictions. As well, we do expect that this management will keep some buyers of the market. We are relatively confident that the volumes should stabilize at reasonable levels, especially in the secondary market.
IFM Investments' CEO Discusses Q1 2012 Results - Earnings Call Transcript
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