While the market is undoubtedly in the much better place, I do want to make the point, that [perfections] are still a long way away from what we consider to be normal levels for top tier cities like Beijing and Shanghai.For example, consider that in Beijing and Shanghai volumes in the second quarter were only around half the levels compares to the historical facts. In the near-term at least we don’t anticipate that the policy restrictions will be losing.
IFM's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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