It has been a full month since the implementation of the new Beijing property market policy. The Securities Times reporter visited and found that there is a clear trend of exchanging price for volume for new listings in the suburbs. Some projects have sold 20% off, while others have not yet started and are ranked close to the total number of properties; the pace of second-hand housing transactions has accelerated, the bargaining space for owners has narrowed, and the overall market recovery trend is obvious. Statistics from Heshuo Agency show that in the past month of the New Deal, the volume of new and second-hand housing transactions in Beijing increased by 8.5% and 2.3%, respectively, compared to the month before the New Deal. According to statistics from the Central Plains Real Estate Research Center, in August, 13,853 second-hand housing units were signed online, a slight decrease of 1.3% from the previous month, but the year-on-year increase was about 4.1%, standing on the “boom and dry line” of 13,000 units for 6 consecutive months. Second-hand housing was clearly on sale at the end of August, and 852 units were signed online in a single day on August 31. Interviewed industry insiders believe that the precise leveraging effect of the policy on immediate demand and demand for improvement is gradually being unleashed. It is expected that the volume of new and second-hand housing transactions in Beijing will continue to recover during the “Golden Nine Silver Ten” period, but the overall pattern of differentiation and restoration will continue.

It has been a full month since the implementation of the new Beijing property market policy. The Securities Times reporter visited and found that there is a clear trend of exchanging price for volume for new listings in the suburbs. Some projects have sold 20% off, while others have not yet started and are ranked close to the total number of properties; the pace of second-hand housing transactions has accelerated, the bargaining space for owners has narrowed, and the overall market recovery trend is obvious. Statistics from Heshuo Agency show that in the past month of the New Deal, the volume of new and second-hand housing transactions in Beijing increased by 8.5% and 2.3%, respectively, compared to the month before the New Deal. According to statistics from the Central Plains Real Estate Research Center, in August, 13,853 second-hand housing units were signed online, a slight decrease of 1.3% from the previous month, but the year-on-year increase was about 4.1%, standing on the “boom and dry line” of 13,000 units for 6 consecutive months. Second-hand housing was clearly on sale at the end of August, and 852 units were signed online in a single day on August 31. Interviewed industry insiders believe that the precise leveraging effect of the policy on immediate demand and demand for improvement is gradually being unleashed. It is expected that the volume of new and second-hand housing transactions in Beijing will continue to recover during the “Golden Nine Silver Ten” period, but the overall pattern of differentiation and restoration will continue.