Average Beijing Home Price Clears 5.1 Million Yuan

Not only due to the general rise in prices, but due to the scarcity of land and growing high-end market, Beijing's average home transaction price in 2016 is 5.1 million yuan.

The average annual salary in Beijing is over 100,000 yuan for public employees, a dual income household might pull over 200,000 yuan a year, which makes the average price equivalent to 25 times a good middle class salary.

iFeng: 北京住宅平均成交总价达510万 或进入调整期

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