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Sharp decrease in BJ housing market

10-06-2010 12:44 BJT

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The National Day holiday is usually a peak sales period for real estate developers. But this year, due to the new round of property curbing policies,housing sales volumes in Beijing have been relatively low just 100 a day.

With extraordinary trading volumes, "September" is a fruitful month for most developers in Beijing. And they tried desperately to continue the bullish sales in October. But this month, 17 new buildings have entered the market, with some 7000 units of housing. Many experts are surprised about the poor property sales, and say October might be a low point of the market.

Editor:Zhang Ning |Source: CNTV

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