The building registration amount for this month is expected to be 65 billion yuan.

Huang Liangsheng, Senior Co-Director of the Research Department of the Central Plains Real Estate, said that as of the 16th of this month, the registration of the sale and purchase agreements (including residential and industrial and commercial properties) of the Land Registry was about 2,723, and the estimated monthly registration amount was 5,700. The level of the sect was the highest in the five months since the 6688 cases were recorded in August last year, and about 87.6% from about 3038 cases in December 2018.

The registered transaction amount of the first 16 days of this month was about 43.29 billion yuan, which was 0.6% higher than the total of 43.04 billion yuan in December 2018. It is estimated that the monthly total of this month will reach 65 billion yuan, up about 51% month-on-month. And it is a six-month high since July 2018.