Beijing land floor Price down the property market or no longer in high fever state

Source: Internet
Author: User
Keywords property market Price drop
In the past November, due to the concentrated volume of residential land, the floor price of the deal plot dropped again, has reached the highest half of the year level.  It is reported that in November, the total land transaction price of the settlement is 16.183 billion yuan, according to the planned construction area, the equivalent floor price of about 6347 yuan/square meters.  And in March this year, the National and Beijing series of property market before the new deal one months, the highest land market prices, the month of the transaction plot equivalent floor price reached 15093 yuan/square meters.  In comparison, the decline has been more than half.  Industry analysis, low land prices, although not necessarily equal to low prices, but at least that the real estate market is no longer in a high fever state. Industry insiders pointed out that developers can no longer "take the cost of high" as a reason for higher prices. (Reporter Zhao Yang)
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