Market activity has increased, with over 500 second-hand houses sold daily in Beijing.
Reporters visited Beijing's new and second-hand housing markets and found that the market is showing increased activity, a rebound in transaction volume, stabilized prices, and a significant boost in market confidence. Overall, since the implementation of the new policy a month ago, transaction volume has been steadily increasing. According to data from Zhongyuan Real Estate, since the release of the notice, the average daily volume of signed contracts for new houses has increased by 44.6% compared to before. Improvements in new developments outside the Fifth Ring Road have been particularly impressive. As for second-hand housing, after the new policy was introduced, the average daily number of viewings at real estate agency offices increased by more than 20% compared to normal, with over 500 second-hand houses being sold on average per day.
Latest

