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Beijing home sales remain at record levels despite curbs


Beijing home sales remain at record levels despite toughened home-buying rules being imposed on the city.
The capital city sold 1,491 primary residential units from March 6 to 12, representing 24 per cent growth on the same period last month, according to Centaline Property data.
Excluding commercial residential mixed apartments, transactions of normal apartments and villas the rose 121 per cent.
Average new home prices in the city also climbed 6.85 per cent to 42,970 yuan per square metre….

Source : South China Morning Post
Read more…Beijing home sales remain at record levels despite curbs

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