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November 8, 2008

Shanghai, Beijing, Guangzhou Real Estate Market and Housing Prices

Filed under: Financial News — Tags: , — Nancy @ 9:17 am -0800

Shanghai Real Estate Market shows the warmer trend
Since the issuance of Shanghai public housing standards on October 31, sales volume of Shanghai commercial housing has a marked increase, which has increased significantly compared with the late October.

Beijing Real Estate Market starts the reduction “veil” of housing prices
Beijing real estate market seeks a new balance in “prices reduction” and “volume for large”, however, the continuously weak status quo in Beijing real estate market and Beijing housing prices make the Beijing property market to gradually reduce the housing prices.

Guangzhou housing prices are higher but the trading volume is lower
However, Guangzhou housing prices are so higher whereas the trading volume is too low. The experts said that the housing prices shall be reduced at one time, otherwise it would be difficult for developers to recover the “winter” of the funds.

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