“Second-hand housing responds more directly to this round of policy adjustments. The market has taken the lead in undergoing a certain degree of restoration, and the dominant characteristics are remarkable.” Cao Jingjing, general manager of the Index Research Department of the China Index Research Institute, told the “Securities Daily” reporter that judging from the characteristics of the total price, the volume of transactions for low total price properties has highlighted the cost performance ratio after price adjustments. With the release of favorable policies, the willingness of newcomer buyers who waited in the early stages to enter the market increased, driving the volume of transactions for low total price properties.

“Second-hand housing responds more directly to this round of policy adjustments. The market has taken the lead in undergoing a certain degree of restoration, and the dominant characteristics are remarkable.” Cao Jingjing, general manager of the Index Research Department of the China Index Research Institute, told the “Securities Daily” reporter that judging from the characteristics of the total price, the volume of transactions for low total price properties has highlighted the cost performance ratio after price adjustments. With the release of favorable policies, the willingness of newcomer buyers who waited in the early stages to enter the market increased, driving the volume of transactions for low total price properties.