Home Business The overall transaction of the property market rose in June, and the increase was significant after the resumption of work in Shanghai – Xinhua English.news.cn

The overall transaction of the property market rose in June, and the increase was significant after the resumption of work in Shanghai – Xinhua English.news.cn

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The overall transaction of the property market rose in June, and the increase was significant after the resumption of work in Shanghai – Xinhua English.news.cn

China Economic Net, Beijing, June 27 (Reporter Li Fang) According to data released by the Middle Finger Research Institute today, the overall transaction volume of the property market in June rose, but fell year-on-year, and various tier cities saw a larger month-on-month increase and a year-on-year decline. The total inventory in the monitored cities increased by 0.89% month-on-month, with a larger increase in Shenzhen.

Property market transactions in first-tier cities have risen, and Shanghai has risen significantly after resumption of work

In June, the overall transaction volume of first-tier cities increased by 122.1%. In terms of cities, Shanghai increased by 966%, followed by Beijing at 57%, and Guangzhou increased by 56%, ranking third. On a year-on-year basis, the overall transaction declined by 16.1%, of which Guangzhou increased by 32%; Beijing saw the largest decrease of 34%.

  Eighty percent of the second- and third-tier cities’ transactions rose month-on-month, with a significant increase in Suzhou

The second-tier representative cities increased by 84.4% month-on-month and decreased by 17.5% year-on-year. Among the cities that increased month-on-month, Suzhou saw a significant increase of 208.5%, Qingdao increased by 153.5%, ranking second, Jinan increased by 77.5%, ranking third; Fuzhou experienced a month-on-month decline, with a decrease of 22.9%. The transaction volume of the third-tier representative cities increased by 56.1% month-on-month, Lianyungang increased by 131.7%, Yangzhou ranked second with an increase of 68.3%; Shaoguan decreased by 1.3% month-on-month. On a year-on-year basis, the overall decline was 7.8%.

 The total inventory was stable, Shenzhen rose 14.43%

The total inventory of the 7 representative cities monitored was stable, with an overall increase of 0.89% month-on-month. Among the monitored cities, Shenzhen’s inventory increased by 14.43%, followed by Wenzhou, 5.95%, Hangzhou and Nanjing slightly increased, and the change was small; among the monitored cities, Fuzhou, Guangzhou and Beijing decreased inventory, while Beijing decreased Larger at 2.88%.

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(Editor in charge: Liu Peng)

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