Beijing Real Estate Market Condition: Better, But Not Great

After 10 days of the new government policies on housing, the situation in Beijing is improved, with developers raising prices, but volume hasn't jumped significantly for existing homes. According to one analyst, the lines out the door and jump in activity was caused by sales gimmicks designed to cash in on the government's policy shift:

"Now the market is far from the excitement of the extent of the heat, according to our survey, several known queued overnight, overnight selling items, mostly hype gimmick housing prices, want to give the buyers selling prices caused by psychological expectations. "The real estate industry analyst Chen Jianbo told the" China Times "reporter," the truth is that after the New Deal, the property market transactions do see improvement, but only to rise steadily, did not show a blowout."

One sales agent said their employer is clearing out existing inventory and not raising prices and buyers haven't seen much marketing:

"Our project has now been converted to sales of existing homes, not much the rest of the houses, the key is clearing old project, and therefore did not launch a substantial promotional activities, but did not raise the price." When a reporter to the identity of the buyers before the consultation, a salesperson told reporters dismissively.

Always intended to purchase Wong in Beijing after the New Deal, had to speed up the purchase plan. During the Qingming holiday, she consulted almost all just need to project Beijing real estate.

"I asked most of the project say much housing project, the basic situation is no centralized promotion push plate. Which is not a big bang there selling it?" Wong told reporters, real estate sales in the past, "bombarded" Interrupted different type of phone, after a clear, give her telemarketing sales staff is not much.

iFeng: 新政十天多数项目鲜见提价 北京楼市热销真相