China says nearly 1,000 real estate outlets in the nation's capital have
been forced to close this year, as a slew of new government restrictions on
property sales continue to cool Beijing's once red-hot property market.The
official Xinhua news agency reported the slowdown Tuesday, citing a survey by
the real estate firm Home Link China.The survey said Beijing has seen more than
100 real estate storefronts close in each of several consecutive months. It said
more than 70 percent of the shuttered stores were owned by small and
medium-sized agencies.