2011 Beijing housing prices still rose 6.3% compared with that of 2010
Despite the shrinking supply and demand simultaneously , Beijing ’s housing prices still under the effect of inertial factors showing a continued upward trend. Data show that in 2011 , Beijing commercial housing overall average transaction price of 21,811 yuan / square meter , up 6.3% compared with that of 2010, but less than 10% annual increase
Erdos ” Ghost Town ” property market crash, ten thousand yuan housing price drop by 70%
Living in the edge of the Ordos storm , Ordos was beset with a different version of real estate lending Wenzhou panic . For example, local ” Jinxin Han Lin Yuan ” project , its second-hand house prices are around 10,000 yuan , while the market price now only is 3750 yuan .
Reported that first-tier suburban housing prices fell by about 30%
Although the National Bureau of Statistics shows, Beijing , Shanghai , Shenzhen and Guangzhou (from July to September) housing prices remain the same for three consecutive months, but there are signs that housing prices in the suburbs of these cities has declined by 30 % to 50%. However , higher than expected prices also led to strong protests from the early buyers .
Copyright © 2009 ChinaFinancialDaily.com; Powered by WordPress
Translate (most links are in Chinese)