High-End Housing Market Revitalized

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Beijing

As mortgage and credit policies are gradually relaxed and Beijing loosened the pre-sale price restriction of luxury property, many developers lowered price so as to attract more buyers.

In September, 289 luxury flats of which average price is 50,000 yuan per square meter were sold, increasing 61% on month on month basis, making a new record of this year, according to Yahao Real Estate Selling and Consulting Solution Agency.



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