2016-03-18

Beijing Prices Rise to 60,000 yuan per sqm Inside 5th Ring

iFeng: 北京五环内进入6万时代 楼市日渐步入高端化
Centaline Property Research Department statistics show that as of March 13, Beijing residential real estate contract for the 703 sets of rings, contract price reached 62,464 yuan / square meter. "You can see from the recent housing price rings within 9 years, overall prices steadily rising, from 2008 Price 16000, up to the current more than 60,000." Centaline Dawei, chief analyst said.
275% increase in 8 years or 13.5% annualized gain.

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