Beijing New Home Sales Rollercoaster: Weekly Sales Swing from 45K to 2K Twice in Month

In the second week of July (4-11) Beijing new home sales fell 52 percent and 44 percent by number and area, respectively. Weekly swings are up 70 percent and down 50 percent over the past 4 weeks. The 3rd week of June and 1st week of July saw sales spikes, with 4th week of June and 2nd of July down sharply.

Existing home sales fell 9.5 percent from the first to second week of July

iFeng: 北京楼市上演过山车行情 二手房成交下降9.5%

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