May Mainland housing prices surging luxury homes sales volume showed a high drop

Xinhua Beijing, June 6, after a mild rise in 3 April, the mainland's first-tier cities in May, a sharp rebound in prices. In Beijing, the overall average price of the new opening item rose by 13.8%, and the prices of most real estate sales in Shanghai, Shenzhen and other cities jumped up.　　At the same time, all over the high-end residential, villas also out of unsalable plight, investors return often but in the "price rise" at the same time, the focus of the city's commercial housing turnover is showing a high drop trend, the chain of decline is generally more than 10%. According to the Hong Kong "Wen Wei Po" news, from April onwards, Shenzhen's villa sales soared, compared with the same period last year, increased by more than 5 times times, Beijing, a few months ago, the number of villas sales and turnover increased by more than 40%, the Shanghai Villa sales and supply ratio reached 1.60.　　As for Wenzhou, Hangzhou, Ningbo and other Yangtze River delta area of the two or three-line city, high-end residential also appeared a hot-selling scene, May before the 20-day turnover is 3 times times the total number of April this year. Insiders believe that the focus on the release of rigid demand, the impact of this year's real estate transactions recovery is clear, housing prices have also stabilized a rebound. However, the recent rise in housing prices is still the short-term behavior of developers, whether to enter the upward channel, but also need to see whether the volume stability and the overall economic recovery is further clear.