From Ifeng:
Beijing News (Reporter Wang Jing) since the last week of February Beijing commodity residential transactions quickly back up after the first week of March again into the downturn channel. According to Yahao Junyue statistics show that the first week of March (February 27 – March 5) Beijing commercial housing (excluding affordable housing and self-housing) to achieve a total turnover of 1203 sets, closing an area of 103,500 square meters, The chain was reduced by 53%. At the same time, last week Beijing commodity housing transaction average price of 40199 yuan / square meter, the chain fell 4%.
Yahou, deputy general manager of Gao Shan analysis that since February, after the resumption of business regulation rumors, business projects accounted for the proportion of turnover continues to rise in February, Beijing commercial housing transactions accounted for 61% of business. And after entering in March, this trend intensified, the first week of March turnover of business accounted for up to 74%. From the ordinary residential market, on the one hand is subject to the impact of pre-sale control, in February only three projects to obtain pre-sale permit, supply fatigue makes the transaction difficult to maintain; the other hand, from the demand side, the two sessions in March Will be 2017 the property market, “set the tone”, so from the beginning of March began to wait and see mood.
