China’s real estate market is enjoying modestly rising prices, with exceptions in some parts of the country, state media reported, adding that industry insiders and analysts say that a bursting bubble scenario is unlikely in 2006. "Despite the downturn in average statistics [in Shanghai], we notice there are still some projects, such as the Jing’an Four Seasons in Shanghai, that are getting a good market response," said Michael Hart, China research chief in Shanghai for Jones Lang LaSalle.