Lianjia Research Institute, citing Beijing Municipal Housing and Urban‑Rural
Development Commission data, reported 13,081 online contract registrations for
Beijing second‑hand residential units in October, up 8.2% YoY and down 17.0%
MoM. Lianjia said the MoM fall largely reflected fewer working days in October
and that its actual signed volume edged up slightly MoM. Transaction prices were
broadly stable in October, with most districts showing steady or only minor
price movement.