28.09.2012 - Beijing's home trading volume to Q3 passed the volume of last year
According to Beijing Urban Construction Commission, up to September 25th, 75775 suits of commercial homes have been sold, which has surpassed the whole trading volume of 72007 suits last year. "Purchasing quota" has been deemed as the most strict home policy of the government. The property market in 2011 was hurt hard by the quota. Local media reported that 72007 suits of homes was only 10,000 suits more than the lowest sales in the year 2008, and less than half of the sales in the year 2009...............................................Full Article: Source
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