It was learned from the Ministry of Housing and Urban-Rural Development that in October this year, there was a turning point in the continuous decline of the year-on-year sales area of commercial housing. Market trends can be analyzed from year-on-year data. In October, the national new commodity housing online signed transaction volume increased by 0.9% year-on-year, expanding by 12.5 percentage points compared to September, achieving growth for the first time after continuous declines for 15 months since June last year; the national second-hand housing online signed transaction volume increased by 8.9% year-on-year, continuing to grow for 7 consecutive months; the total transaction volume of new commodity housing and second-hand housing increased by 3.9% year-on-year, achieving growth for the first time since continuous declines for 8 months since February of this year. (Cailian Press)
住建部:10月新建商品房和二手房成交总量连续8个月下降后首次实现增长
The Ministry of Housing and Urban-Rural Development: In October, the total volume of newly-built commodity housing and second-hand housing transactions increased for the first time after eight consecutive months of decline.
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