The Beijing property market is currently experiencing a 'mini spring' trend.

The Beijing property market has shown a clear sign of warming up, and the "mini spring" market has arrived as scheduled. In March, there were 19,886 second-hand housing transactions in Beijing, an increase of 3.4% year-on-year and an increase of 144.6% month-on-month, reaching a high point in nearly 15 months. The cumulative number of signed contracts in the first quarter reached 43,098, basically unchanged from the same period last year. According to data on signed contracts from three-party agreements, the volume of second-hand housing transactions by major real estate agencies in March increased by 8.7% year-on-year, reaching the highest level in nearly 17 months. In the first quarter, the volume of second-hand housing transactions by major real estate agencies through three-party agreements increased by 7.7% year-on-year.