Data show that in May, Beijing sold a total of 18,096 sets of second-hand housing units, hitting a new high of 14 months, with an average of more than 580 units per day; it was the month after the implementation of the “317” New Deal. If we add the 3,248 new homes sold, in May, Beijing sold an average of 688 homes a day.
Not only in Beijing, but also in Shanghai. Since the relevant data on second-hand housing in Shanghai has not yet been released, let's take a look at the new housing market.
Shanghai Centaline Property Data shows that in May, Shanghai's new commercial housing (new homes) traded an area of 549,000 square meters, an increase of 18.6%, the transaction reached an eight-month high.
Shenzhen's new homes fell by 58 yuan/ping from the previous month after falling for 20 consecutive months. The overall turnover of a second-hand home rose steadily, and sold an average of nearly 300 houses a day.
A total of 2,564 new houses were sold in Shenzhen, and the volume of second-hand housing continued to rise. A total of 6,683 sets of second-hand housing transactions were sold, which rose for three consecutive months.
Fannie and Freddie: Single Family Serious Delinquency Rate Decreased,
Multi-family Decreased in March
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Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie:
Single Family Serious Delinquency Rate Decreased, Multi-family Decreased in
March...
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