Beijing property market turnover rose 75% in early January

Source: Internet
Author: User
January 11 pm News Beijing Real Estate transaction Management network data show that in early January, Beijing residential turnover amounted to 9239 sets, up 75.8% per cent year-on-year. However, the supply of Beijing's property market has entered a "vacuum state." As of today, only one of the auction-house project to obtain pre-sale license, only to provide 48 sets of listings.  Beijing Real Estate Transaction Management Network data volume Year-on-year 75.8% rise in Beijing real estate Transactions Management network data show that in early January, the Beijing property market turnover rose significantly year-on-year, the total number of residential transactions 9239 sets, up 75.8% per cent. One of the housing turnover reached 2943 sets in 10 year-on-year rise of 28.8%. Domestic housing turnover reached 1212 sets, up 80.4% year-on-year in 10.  Second-hand housing turnover reached 5084 sets, the year-on-year rise reached 121.3%. The rise in domestic turnover is linked to the loosening of credit policy.  At present, some banks have been selective recovery of 70 percent interest rate concessions, and the Provident Fund for two suites to determine the standard has been loosened. Beijing Zhongyuan Real Estate Zhang Dawei to Sina Financial analysis, said, "The loosening of the credit policy to make some of the demand took the opportunity to market, pushing up the turnover, but the end of the chain in 2010 the final deal peak still has a certain gap." "And the Yangtze River Securities real estate industry analysts statistics of the City commercial housing turnover analysis said that Beijing, Shanghai, Guangzhou, Shenzhen, four cities and second-tier cities year-on-year growth of 49.61% and 36.27% respectively. However, the number of ring transactions has been narrowed. Beijing Real Estate Transaction Management network data Beijing supply into the "vacuum period" and turnover is different, Beijing's housing supply has entered the "vacuum period."  Beijing Real Estate Management network data show that in early January, only one project in the market, that is, Daxing District Huang Village of the Green House project, the provision of residential housing for 48 sets.  Compared to 4155 sets of commercial housing turnover, the Beijing market in early January supply, signed a transaction ratio of more than 1:100.  From December 19 last year, Beijing's commercial housing inventory reached the year's new high 109445 sets, due to sales hot and all the way down, to January 11 this year, inventory has been reduced to 100900 sets. "Developers in order to obtain evidence before the fund supervision, creating a December peak project supply, and most developers are currently rushing to the end of the settlement caused by the delay in supply."  "The industry is so analytical. However, although the daily turnover of commercial housing volume narrowed, but "consumers have begun to anticipate regulatory policy or will be loose, the spring Festival before the property market is likely to appear a small peak, and prices may appear for the 5th consecutive month, the regulation of the pressure to rise." Zhang Dawei said. (Ding from Beijing)

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