Second Hand Transaction Recovering?

Discussion in 'China property' started by clayton, Aug 30, 2006.

  1. clayton

    clayton New Member

    Hi all,
    It is reported that in October the second hand property transaction in Beijing is 20% more than that of September whilst the price kept steady. I think part of the reason is because of the price of the new property still keeps high and up to now there is no evidence showing that the price will go down soon. The recovering of the second hand market once shows that unlike Shanghai, Beijing does have a strong self-use property demand. Do you agree with me?

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