Core Viewpoint - The recent data indicates a mixed performance in Beijing's real estate market, with signs of warming but also notable declines in month-over-month transactions [1] Group 1: Transaction Data - In January, Beijing's second-hand housing transaction volume was 15,082 units, which represents a 12% decrease compared to December [2] - However, when compared year-over-year to January of the previous year, the transaction volume increased by approximately 21% [4] - The current listing volume for second-hand homes in Beijing is around 140,000 units, down by over 20,000 units from the peak in 2024 [4] Group 2: Market Influences - The changes in January's transaction volume can be attributed to recent policy adjustments, including the optimization of social security and tax requirements for non-local buyers, as well as reductions in down payment ratios for second homes [5] - The decline in housing prices over the past two years has also made second-hand homes more attractive to buyers [5] - Additionally, some families are purchasing or swapping properties for educational purposes, and the later timing of the Spring Festival this year has led to earlier purchases in January [5] Group 3: Future Outlook - The overall transaction volume of over 15,000 units in January is considered normal for Beijing's real estate market [5] - The real estate market's performance in February is expected to be subdued due to the Spring Festival, with more significant insights likely to emerge in March [5]
楼市回暖?1月二手房成交量同比涨两成
3 6 Ke·2026-02-02 02:47