Comments() 
Print 
Mail 
Large Medium SmallBEIJING - Amid the recovery of the city's real estate market, commercial property sales in Beijing increased by over 30 percent year-on-year to 13.1 million square meters in the first 10 months of 2012, according to the latest figures unveiled on Monday.
Home sales in Beijing soared by over 45 percent year-on-year to 10.1 million square meters in the first 10 months of this year, according to statistics released by the Beijing Municipal Bureau of Statistics.
The sales surge came as a continuation of the city's property market recovery since May, when potential buyers snapped up bargains in the cooling market out of fears that housing prices would rise.
The buying was further boosted after two interest rate cuts since June reduced mortgage costs and strengthened market expectations that further loosening policies would trigger a stronger real estate market rebound.
Sichuan becoming traffic hub of W China
Mandarin festival attracts tourists
Dawn of China's foreign trade recovery
October export growth accelerates, imports steady
Hainan Airlines eyes more overseas investment
Views and hopes from top executives
E-retailers brace for massive promotion for Nov 11 event
Those who deliver warmth in winter
Djokovic grinds down Federer to win season finale
China International Aviation and Aerospace Exhibition
Copyright 1995 - 2010 . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
