Ten city property market declines over 30% last week

In the new deal and the traditional off-season under the double, the national property market volume continued to slump. According to data from the China Index Institute data Research and Development Center, 30 cities monitored in the last week (February 28 March 6) accounted for 70%, 10 cities fell more than 30%, and four cities declined by 50%.　　Industry insiders said that the property market volume than the previous sharp decline in the situation will continue for some time, may be around six months or longer. After reviewing the implementation of the new deal in February, only four of the 30 cities monitored by the China Index Institute rose in volume, while the rest of the cities fell on the chain, while the remaining 10 declined by more than 60%. Take Beijing as an example, Albert I love my home market Research institute data show that February 2011 Beijing Commercial Housing turnover of 3810 sets, the chain fell 39%, year-on-year decline of 65%; the average price is 24916 yuan/square meters, the chain Rose 9%, up 44%.