6/12/2017-8

4502 cases of second-hand transactions in November semi-high

According to the Land Registry data, 4,502 second-hand residential properties were sold and sold in November, up 14% month-on-month and setting a 6-month high. Turnover increased by 18% to RMB33.216 billion for the fifth consecutive month.

The average number of registrations involved $ 7.3780 million, an increase of 11% over the $ 6.6301 million in January this year. It is estimated that the number of second-hand sale registrations in the whole year can exceed 45,000 and hit a new high in the recent three years. Thanks to the property appreciation, the registration amount will be the largest in five years and the fourth highest recorded since 1996.