China Financial Daily

June 15, 2009

Beijing in May sales of new real estate market price or the amount or situation

Beijing in May sales of new real estate market price or the amount or situation
By June 15 Xinhua website on the 15th Beijing Municipal Bureau of Statistics released the operation of Beijing real estate market shows that in May the city’s new housing prices than the Central rose 0.4% last month, based on the gains of 0.5 percent, but less than the sales ring 2122 units sold, price or quantity or emerging situation.

According to information available, the overall real estate market is still active. January to May, sales of commercial property throughout the city area of 7,471,000 square meters, more than 1.1-fold increase over the same period the previous year, representing 11.6 percent growth in 2007. Among them, the real estate salesƚ??area 5,754,000 square meters, an increase of 1.4 times. The city’s residential area of 6,425,000 square meters for sale, an increase of 1.4 times, more than 23.6 percent growth in 2007. Among them, the residential Sales 5,107,000 square meters, an increase of 1.5 times.

May sales of commercial housing market or the volume or price. With the housing market activity and sales prices rise in May the city’s new housing prices than the Central rose 0.4% last month, based on the gains of 0.5 percent; commodities declining trend in domestic sales, domestic sales of 15,164 sets of the month, more than 4 2122 sets of low sales month.

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