Core Viewpoint - The recent policy change in Beijing allowing unlimited purchases for eligible buyers outside the Fifth Ring Road has led to a significant increase in market activity, with a notable rise in inquiries and viewings of properties [1][3][5]. Market Reaction - Following the policy announcement, there was an immediate response from the market, with some properties recording sales on the same night of the announcement [3]. - On the first day of the new policy, there was a noticeable increase in foot traffic at sales offices, with some locations reporting a 20%-25% rise in visitor numbers [3][5]. - Developers have shown mixed reactions, with some planning to raise prices immediately while others have opted for price reductions to stimulate sales [7][10]. Implications of Policy Change - The policy adjustment is seen as the most significant loosening of restrictions since last year's changes, indicating a shift in the regulatory environment for real estate in Beijing [3][5]. - The majority of new housing supply is concentrated outside the Fifth Ring Road, which is why this area is viewed as a critical market segment [5]. - While the policy may boost transaction volumes, the overall impact on prices remains uncertain, as the market is still characterized by cautious buyer sentiment [7][10]. Buyer Behavior - Increased viewing activity does not necessarily translate to immediate purchases, as many potential buyers remain in a wait-and-see mode regarding the effectiveness of the new policy [5][7]. - The market is experiencing a shift where the focus is on selecting the right property rather than timing the market, emphasizing the importance of property quality over market conditions [10].
北京楼市新政首日,有开发商连夜涨价
Sou Hu Cai Jing·2025-08-10 10:05