Ministry of Housing and Urban-Rural Development: The total volume of new commercial housing and second-hand housing transactions in October increased for the first time after falling for 8 consecutive months

On November 1st, the reporter learned from the Ministry of Housing and Urban-Rural Development that the continuous decline in the sales area of commercial housing in October this year has reached an inflection point. From the year-on-year data can analyze the market trend. In October, the online signing volume of new commercial housing nationwide increased by 0.9% year-on-year, an increase of 12.5 percentage points compared with the year-on-year in September. It achieved growth for the first time since June last year after 15 consecutive months of decline. The online signing volume of second-hand housing nationwide increased by 8.9% year-on-year, increasing year-on-year for 7 consecutive months. The total volume of new commercial housing and second-hand housing transactions increased by 3.9% year-on-year, achieving growth for the first time since February this year after 8 consecutive months of decline.