Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Beijing's second-hand home prices fall for 8 consecutive months by 15%

By Yang Yang | chinadaily.com.cn | Updated: 2018-01-03 15:16
Share
Share - WeChat
A real estate agent introduces a project to a potential buyer in Beijing, April 10, 2014. [Photo/VCG]

Beijing's second-hand home prices fall for 8 consecutive months by 15 percent, with annual online transaction registration down 50 percent, the Beijing News reported Wednesday.

The second-hand home prices in Beijing peaked in April and then fell from May to December by 15 percent, according to market research institute of 5i5j.com, one of China’s major real estate agencies.

From May to November, the price indices of Beijing’s second-hand residential buildings fell month-on-month, indicated by the price indices of second-hand residential buildings in 70 large and medium-sized cities from the National Bureau of Statistics.

Beijing’s second-hand house online transaction registration volume was 136,237 in 2017, down 50 percent from 270,000 in 2016, statistics from 5i5j.com revealed.

“The direct reason of the price slide was unprecedented policy control,” said Hu Jinghui, vice-president of 5i5j.com.

In March 2017, Beijing lifted the down-payment ratio for second homes to 60 percent and suspended housing loans with a maturity of 25 years or more.

Since October 2016, the government has implemented a slew of measures to cool runaway housing prices, such as restrictions on home purchases and increased minimum down-payment requirements.

The harsh curbs reflect Chinese government’s determination to step up housing system reform and foster a long-term market mechanism as the top authorities have constantly reiterated that "houses are built for living in, not speculation".

In terms of the property market in 2018, Beijing’s second-hand home price is still expected to decline so as to stimulate purchase because potential buyers are more rational when they have to pay high loan rate and more down-payment, Hu said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产精品久久久久久久久齐齐| 性欧美激情videos| 欧美三级黄色大片| 全彩无翼乌之不知火舞无遮挡| 国产亚洲sss在线播放| 女人与公拘交酡过程高清视频| 久久精品国产99精品国产亚洲性色 | 99re5在线精品视频热线| 我要看三级全黄| 九九精品国产亚洲AV日韩| 波多野结衣免费一区视频| 国产三级国产精品| 2022福利视频| 在线观看人成网站深夜免费| 中文字幕一区二区人妻性色| 最好的中文字幕2018免费视频| 亚洲精品电影天堂网| 约会只c不y什么意思| 国产在线果冻传媒在线观看| 521a成v视频网站在线入口| 性无码免费一区二区三区在线| 久久超碰97人人做人人爱| 欧美激情中文字幕| 免费精品久久天干天干| 荡女安然的yin乱生活| 国产欧美日韩综合精品一区二区| 99re九精品视频在线视频| 少妇饥渴XXHD麻豆XXHD骆驼| 久久久久久久亚洲AV无码| 果冻传媒91制片厂211| 亚洲熟女乱色一区二区三区| 精品xxxxxbbbb欧美中文| 国产91无套剧情在线播放| 麻豆国产96在线|日韩| 国产精品久久久亚洲| 99re热这里只有精品视频| 婷婷五月综合激情| 中文字幕亚洲一区二区三区| 日本精品少妇一区二区三区| 亚洲sss视频| 欧美成人免费在线|