January first-tier city second-hand housing turnover is expected to fall 50% price drop 10%

Under the influence of the traditional off-season and the policy effect, the three first-line cities in Beijing and Shanghai had a sharp decline in turnover in the first hand and second-hand housing market in the last week (January 4 January 10) after the explosive transaction. Data show that entering January, all over the property market into a clear wait and see.　　Last week, Beijing second-hand house sold only 2602 sets, the chain fell by more than 80% in December, and the market cold in 2009 compared to the same period also fell about 15%. Shanghai last week, the property market was only half of the 2009 average turnover level, the median price fell 16%, second-hand housing is to enter the "dormant period."　　Shenzhen last week a total of 819 sets of rooms, the chain down 20.9%, the average price of 21357 yuan/square meters, the chain down 0.6%, second-hand housing transactions 1690 sets, the chain plunged 70.9%. Industry estimates that 2009 of the property market turnover, there are 2008 years backlog of demand, but also overdraft 2010 years of demand, therefore, the 2009 rally is expected to be difficult to sustain.　January second-hand housing turnover is expected to fall 50%, the average price will also appear about 10% of the downward adjustment, second-hand house high-end demand will gradually transfer to the commodity market. Comprehensive