Beijing Home Sales Rebound, No Land Sales

Caijing: 北京5月土地成交记录为零 新建商品房网签创新高
In May 2018, Beijing's land and residential market had new features. According to statistics from the I love my home market research institute, there is no land transaction information in Beijing in May. At the same time, in May this year, the new commercial housing network in Beijing signed a record high, and it was the highest number of network signings since the first five months of this year. In the same month, Beijing's second-hand residential network signing quota rose again and reached the highest monthly value after the “317 New Deal” in 2017.

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