Beijing resale transactions have exceeded the expansion‑contraction threshold
for three consecutive months. Beijing Municipal Commission of Housing and
Urban‑Rural Development data show May net‑signed online resale contracts at
15,229 units (+6.67% YoY) and signed area about 1.3637 mln sqm (+3.33% YoY);
volumes were five‑year monthly highs for the second consecutive month. Volumes
are driving price stabilization and the market is described as moving from a
deep adjustment into a steady recovery. Yan Yuejin, vice president of Shanghai
E‑House Real Estate Research Institute, said the resale market has reached a
stable scale and moved to a higher level, with price corrections improving value
in core cities and highlighting higher‑quality assets. Authorities’ property
measures are said to be continuing to lift resale market activity.
