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Small spring confirmed! Nearly 20,000 second-hand home transactions in Beijing in March
People’s Finance News, April 1—According to Beijing Business Today, on April 1, based on data on online contract signings from the Beijing Municipal Commission for Housing and Urban-Rural Development, in March this year, Beijing’s secondhand home online signings and transaction volume totaled 19,886 units. This is the highest record for a single month of secondhand home transactions in Beijing since December 2024. Among them, multiple days with online signings exceeding 1,000 units have made this early-spring upturn especially promising.
From a month-over-month perspective, the number of secondhand home transactions in March surged by about 145% compared with February. However, considering that February had only 28 days and the Spring Festival holiday lasted as long as 9 days, for frontline business operations, the month-over-month figures have limited reference value. But year over year, last March’s secondhand home transaction volume in Beijing was 19,234 units. This March, it increased by about 3.4% year over year. For both consecutive years, the early-spring upturn has shown consistently high levels of heat.