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The traditional “golden nine silver ten” cycle in the property market is nearing its end, and the second-hand housing market in Beijing maintains a high level of transaction popularity. On October 29, the reporter visited various districts such as Xicheng, Chaoyang, and Yizhuang, and learned that due to the double catalyst of the increase in the amount of provident fund loans and the introduction of interest rate policies, the desire to buy a home was further released. Some regions quickly completed the contract immediately after listing the total price of 3 million yuan, and reached a deal without even completing the VR material collection by intermediary agency photographers; the “one set a day” and “one set for two days” transaction rhythms are quite common in some sectors. The real estate transaction cycle has been drastically reduced. Some listings are listed at noon and the deposit is finalized on the same night. The shortest transaction period is less than 1 day. Currently, multiple groups of customers focus on negotiations for some high-quality properties, and the owners select merit to determine that the buyer has completed the contract. The popularity of the first-tier market is further confirmed by online signature data. According to statistics from the Beijing Municipal Housing and Construction Commission, from October 1 to 28, the number of second-hand housing contracts online in Beijing reached 1,1299 units, an increase of more than 10% over the previous year. Industry expert analysis indicates that if the housing purchase discount policy for residents is successfully implemented in the fourth quarter, it will support the demand for eligible first-time home purchases. It is expected that the second-hand housing market in Beijing will maintain a certain level of transaction activity.
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The traditional “golden nine silver ten” cycle in the property market is nearing its end, and the second-hand housing market in Beijing maintains a high level of transaction popularity. On October 29, the reporter visited various districts such as Xicheng, Chaoyang, and Yizhuang, and learned that due to the double catalyst of the increase in the amount of provident fund loans and the introduction of interest rate policies, the desire to buy a home was further released. Some regions quickly completed the contract immediately after listing the total price of 3 million yuan, and reached a deal without even completing the VR material collection by intermediary agency photographers; the “one set a day” and “one set for two days” transaction rhythms are quite common in some sectors. The real estate transaction cycle has been drastically reduced. Some listings are listed at noon and the deposit is finalized on the same night. The shortest transaction period is less than 1 day. Currently, multiple groups of customers focus on negotiations for some high-quality properties, and the owners select merit to determine that the buyer has completed the contract. The popularity of the first-tier market is further confirmed by online signature data. According to statistics from the Beijing Municipal Housing and Construction Commission, from October 1 to 28, the number of second-hand housing contracts online in Beijing reached 1,1299 units, an increase of more than 10% over the previous year. Industry expert analysis indicates that if the housing purchase discount policy for residents is successfully implemented in the fourth quarter, it will support the demand for eligible first-time home purchases. It is expected that the second-hand housing market in Beijing will maintain a certain level of transaction activity.
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