Beijing's Second-hand Housing Market Heats Up
Published:
2009-12-02
Fears that preferential policies introduced to prop up the domestic property market during the recent downturn wiil be wound back by the end of this year, have led to a huge boom in second-hand housing transactions in the capital over the past month. In November, 32,784 second-hand deals were reached in Beijing, up 57% compared with October. This is the first time that the number of transactions have ever exceeded 30,000.
Source
China National Radio
Google Translation
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