Beijing's real estate market new policy celebrates one month: hot school district property transactions increase significantly.
It has been more than a month since Beijing released the "1224" new policies. When interviewing many frontline industry personnel, it was found that the activity in the Beijing property market is improving, with an increase in visits to new developments and viewings of second-hand properties. Many industry insiders have expressed that "the impact of this round of policies is quite significant compared to before" and "it may pave the way for a small peak in the real estate market next year." "After the policies were implemented, the prices of small-sized units in the neighborhood have slightly increased, with an increase of about 100,000 to 150,000 yuan." On January 26th, a real estate agency in Xicheng District of Beijing told reporters that this neighborhood is known for its small-sized units, low overall prices, and proximity to good elementary schools. Within one month after the new policies were implemented, the number of transactions has significantly increased.
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