Market volume continues to run low 20 city prices fell by 24% a week

Xinhua Beijing, May 19 (Xinhua Lo Yufan) China Index Institute published statistics show that in the gradual release of policy effects, China's major cities in the market volume continued to maintain low operating.　　At the same time, the main cities of commercial housing, commodity residential transactions, the average price of stability, some cities traded prices began to fall. According to the China Index Institute, in the 35 cities monitored last week (May 10 May 16), 14 of the cities surveyed fell by a chain, with Hangzhou falling the most obvious, and commercial houses falling by 61.23%. Half of the key cities traded area rose, of which Nanjing, Tianjin, Rose 101.99%, 56.05% respectively, the rest of the key cities sold in the chain fell.　　Chen, deputy Dean of China Index Research Institute, said that the current policy impact, most of the city housing market into a buffer cooling period, trading volume fluctuated significantly. In the weekly transaction area continued low operation at the same time, the main cities of commercial housing, commodity residential transactions average price also began to appear stable retreat trend. Shanghai, Tianjin, Chongqing, Hangzhou and other 18 cities last week, commercial housing, commodity residential transactions, the average price of the chain fell, of which Tianjin, Chongqing, Ningbo, Lanzhou, Yangzhou and other areas of the average price fell by more than 10%. However, in the Beijing market, although the volume of commercial residential transactions last week fell 49%, but the average price still appeared 36.28% of the rise.　　Overall, the national property market is still in the price stability of the stalemate wait-and-see state. Data also showed that in the second week of May, the national land market introduced a more substantial decline. In the monitoring of the 20 major cities, a total of 144 land, 47%, the introduction of land area of 6.17 million square meters, lower than the last week, 4.684 million square meters, a decrease of 43%; Reduced by 1.76 million square meters over the last week, down by 49%, the monitoring of the 20 major cities overall average price of 1776 yuan per square metre, the decline of 24%.