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Beijing new-home sales volume at 40,500 units in Jan.-Aug.,up 31 pct on yr

2015-09-18 15:21

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Beijing's new-home transaction volume (not including affordable and self-use housing) totaled 40,500 units in the first eight months of this year, up 31 percent year on year, reported the Beijing News citing latest data released by the Beijing Real Estate Association.

The new home sales prices averaged at 28,700 yuan/square meters during the same period, up 7 percent year on year, hitting record high in recent five years. Statistics showed that the city only launched 22,200 units of new residential property houses in the first eight months, down 50 percent year on year, at the lowest level in the past five years.

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