Second-hand house trade volume 4 times increased in Shenzhen

Published on March 10, 2009 by brooks | This story has been viewed 583 views

Relevant statistics of Shenzhen Municipal Bureau of Land Resources and Housing Management shows that in the just passed February, the average trade volumes of second-hand houses per day is over 300, which is almost the same level of that at the end of 2006 and 3.67 times of last year.
The government working report of State Department referring to the policy for the purchasing of the second self-living houses again make people in Shenzhen full of confidence. Insiders of the real estate section think this favorable policy will boost the buying of more improvement houses.
Ye Rong, Head of the market research department of Zhonglian Real Estate told the journalist that with change of self demand, some owners that have owned little housing within Shenzhen Special Economic Zone plan to buy bigger ones outside the zone, attracted by the price, they might choose the big type housing. So they think this policy will promote the sale of housing outside of the special economic zone.
Some parties think, after one year’s adjustment, many estate management prices have been adjusted and the current house prices have come to the ones that people wanted, plus the policies that government put forward to encourage the resident to purchase improvement houses, the people who want to buy house property should act now.

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Filed under: Shenzhen