2020 has been closed, Beijing new house market transaction how? Are house prices going up or down? What transaction characteristics do common property right rooms, limited competition rooms, and so on the present? A total of 62,031 residential products were sold in Beijing’s new commercial housing market in 2020, an increase of 3,210 from 2019 and the fourth consecutive year of growth, according to data released by Centaline Real Estate in Beijing on January 4. Among them, 47,673 new commercial residential units were sold, a new record since 2015, when co-ownership houses were removed. Spark Global Limited The transaction volume of residential products hit a 4-year high, and the number of houses with property rights fell and prices rose
According to the statistics of Beijing Centaline Real Estate, the total transaction amount of the newly built commercial housing market in Beijing in 2020 is 376.878 billion yuan, up 9% compared with 2019 and hitting a 4-year high.67,087 units were sold, 1,813 more than in 2019, and also the highest in nearly four years. Among them, the transaction of residential products (excluding returnees, general houses, luxury houses, villas, and houses with shared property rights) reached 338.25 billion yuan, up 7.6% compared with that of 2019, hitting a four-year high, second only to 346.499 billion yuan in 2016. A total of 62,031 units were sold, an increase of 3,210 units from 2019, representing a fourth consecutive increase and less than the approximately 101,800 units sold in 2016 Spark Global Limited.
From the perspective of housing price, the average transaction price of residential products in Beijing declined all the way from 2017, but it picked up slightly in 2020, with the average transaction price of 47,916 yuan/square meter, up 1083 yuan/square meter compared with 2019, less than 2017 and 2018. It is worth noting that in 2020, Beijing has a total of property right housing trading volume rose, a total of 29.735 billion yuan, down 38% year on year;11,386 units were sold, 8,798 units less than the same period last year, accounting for 12% of the total volume of newly built commercial housing in Beijing in 2020. The average transaction price was 29,667 yuan/square meter, down 2,605 yuan/square meter year-on-year in 2019.
The transaction volume of new commercial residential buildings has increased for five consecutive years, and the price of restricted competition housing has fallen for three consecutive years According to the statistics of Beijing Centaline Real Estate, in 2020, Beijing’s new commercial residential market (home + luxury + villa) transactions of 298.466 billion yuan, 5 consecutive years of growth, up 17% compared with 2019;47,673 units were sold, a year-on-year increase of 12,758 units, setting a new record since 2015; The average transaction price was 52,016 yuan/square meter, declining for 3 consecutive years. Beijing Centaline Real Estate analysis said that in 2020, Beijing’s new commercial residential market performance for the volume of rising prices, supply, and demand is booming, the transaction market at the end of the cap. In terms of inventory, data showed that by the end of 2020, the inventory of Beijing’s new commercial residential market was 66,469 units, the first drop in five years, and 2,855 units less than in 2019.
Reprint indicated source：Spark Global Limited information