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Small spring confirmed! Beijing's second-hand home transactions in March nearly 20,000 units
Beijing Business Daily News (Reporter: Li Han) On April 1, according to the Municipal Housing and Urban-Rural Development Commission’s contract signing data, in March this year, Beijing’s secondhand home transaction volume reached 19,886 units. This is the highest monthly record for secondhand home transactions in Beijing since December 2024. Among them, multiple days with over 1,000 units in contract signings have also made this early-spring market look especially vibrant.
Judging by month-over-month changes, the number of secondhand home transactions in March increased sharply by about 145% compared with February. However, given that February had only 28 days and the Spring Festival holiday lasted as long as 9 days, for frontline business purposes the month-over-month data does not have much reference value.
But from a year-over-year perspective, in March last year Beijing’s secondhand home transaction volume was 19,234 units. In March this year, it grew by about 3.4% year over year. The small spring market warmth has remained high for two consecutive years.