Three months in a row, over 15,000 sets and standing on a steady line of glory, two months in a row, the same month and five years in a row, the second-hand house market in beijing finally set off from the depth adjustment phase and entered a steady recovery path。
On 1 june, journalists of the beijing business press reported a 6,67 per cent increase in the number of second-hand rooms signed in beijing in may, according to statistics from the beijing city housing commission. The prices of second-hand houses have also stabilized, driven by a steady recovery in turnover. Beijing business journalists visited housing intermediaries in various regions, including west city, da xing and ishio kyeongshan, and learned that, as a result of market supply and demand, prices in some of the high-quality sub-districts in west city increased by approximately $5,000 per square metre between march and april. Even if prices go up, in may there were pockets of housing scarcity and unsold. The booming and rocky mountains, on the other hand, have concentrated their new homes in the market and have managed to smooth the regional housing prices as a whole, thanks to the premium advantage created by the higher quality of their residence。
Another 15,000 sets, five years in the same month
The net signings were set on a three-month straight track and the second house market in beijing remained high in may. According to the beijing journalist journalist, the number of second-hand house signatures in may was 15229, an increase of 6. 67 per cent over the same period, according to data from the beijing municipal commission for housing and construction。
Compared to the same period last year, in may 2025 there were 14277 second-hand room network signatures in beijing. Not only did the number of internet signatures pick up in may this year, but it was higher than during the same period in may of nearly five years。
From year to year, the total number of second-hand house nets in beijing in may of 2022-2025 was 8,600, 12982, 13383 and 14277, respectively. This is also the second month, five years after the beginning of april。
The vice-president of the shanghai institute for evictions and real estate has made a drastic leap forward, indicating that the market for second-hand houses in beijing is now on a stable scale and that the whole has reached a new level. High-quality asset attributes are further evident with a reasonable return on house prices, with a greater emphasis on second-hand price ratios in the core cities. At the same time, the effectiveness of the relevant municipal policies continues to be released and the market for second-hand houses has increased significantly. This phenomenon is both an important signal of urban stability and an indication of trends in the housing market in key cities。
The director of the chinese institute of urban real estate said that the number of second-hand house signatures in beijing has been rising year by year, and the trade has continued to expand and improve. The underlying and bottom-up developments have further boosted market confidence and helped maintain a smooth-to-good development momentum in the real estate market in beijing。
In view of the fact that the main demand is for replacement improvements, guo yi, the chief analyst of the joint venture, believes that some buyers have chosen to upgrade their new homes after selling their original properties in order to balance the location with the value of their sex, and that others have chosen to sell their old houses for new ones in order to improve their quality of living. She states that the second-hand house trade continues to be dynamic, generating a constant demand for replacements, which in turn continues to push the whole city to deal。
The average price of some small areas with scarce housing resources rose in march
The continued high turnover of second-hand houses has contributed to the gradual stabilization of regional housing prices. On-site visits by beijing business journal journalists have revealed that, following the rapid digestion of high-quality housing in the “golder four” phase, there have been shortages of marketable housing in a number of sub-districts in the west side, as well as an increase in the price of new listed housing。
According to maichino, a broker located in one of the western districts of the tri river, most of the dwellings in the area were built between 1980 and 2000 and old neighbourhoods were characterized by poor community environments and inadequate parking spaces. By contrast, the building of the seven roads in the three rivers, built in 2017, has become the focus of the buyer's attention, based on the new age of the building。
“in the beginning of may, only one of the remaining housing units was being sold and a new one was only recently listed.” according to maichino, the price of the housing stock has experienced two increases, from $14. 7 million at the end of 2025 to $16 million at a unit price of $16. 12 million per square metre to $175,000 per square metre; the unit price of the newly registered housing stock is $180,000 per square metre. Moreover, the average price of the block as a whole increased from $1612,000 per square metre in march to $1761 million per square metre in may。
Changes in market prices also reflect a shift in the mindset of landlords. One owner of a house in beijing newspaper disclosed to the beijing merchant newspaper that his flat of 76. 3 square metres was listed at a unit cost of $164,000 per square metre, and in smaller areas the average price was over $4,000 per square metre in april。
The owner explained that, on the one hand, the increase was due to the recent investment of nearly 800,000 yuan in the renovation and the improvement in the quality of housing, and, on the other hand, the high temperature of the market viewing rooms, which averaged five groups on a weekend basis and increased the billing rate on the basis of favourable market conditions。
According to maano, in may/june of each year, the tri-river zone is trading off, and home buyers with school enrolment needs have largely completed their construction. However, this year the market remained high, with a concentration of over 10 housing units from 23 to 24 may, a situation that was less common in previous years。
The regional market, represented by the west side, has been improving. High-quality housing sources continue to decomposed, stock can go up in small quantities at market prices, and market supply and demand patterns are positively changing. According to maano, in the first four months of this year, the average second-hand house price in the tri-river area increased by approximately $5,000 per square metre, and in may prices fell slightly but remained slightly higher overall than at the end of last year。
The drastic leap indicates that this change will accelerate the entry of viewers and further boost market conditions, but there is still a need to promote rational pricing and guard against rapid price increases. The market is now well supplied and stable prices remain a top priority。
Transforming the improved crowd into a partial regional presence
Thanks to quality education resources, the second house market in west city achieved stable prices in may. Regions such as the xinjiang and the rockstone hills have been able to increase the quality of housing in the region through the entry of sub-new houses, with the overall housing price flattening at the same time and the city operating well。
“there has been a clear shift in the logic of 100 m2 of improved home-based construction, with home buyers no longer focusing solely on house prices, and the quality of residence has become a central consideration.” as an example of the china-change-crunch project, delivered in 2024 by li, a broker in the first part of the yellow village area, the new house was traded in tandem with the second-hand room at a unit price of $398 million per square metre, much higher than the average price of $26,000 per square metre of second-hand room over 20 years of age in the region, but the market temperature remained high。
The beijing business press has learned that most of the remaining sources of housing for the new housing in china and china are now concentrated on one floor and the top floor, with the post-concession unit price remaining at 42,000 to 43,000 yuan per square metre. In retrospect with second-hand houses in the sub-districts, not only are floor options more abundant, but unit prices are about $5,000 lower than new ones, with a strong sexual advantage。
In the case of the 14-storey building complex of 113. 74 square metres, the current listing is $4. 39 million. With the full construction cost of taxes, brokerage fees, etc., the total paid price is approximately $4. 53 million, or $3. 98 million per square metre, which is significantly lower than the sale price for the new house. The new uninhabited state of the house saves more than $360,000 compared to the purchase of a new house。
Based on the multiple advantages of quality, price and circulation, the housing stock received a total of three times a week, with nearly 100 intended clients, as a high-quality source of housing recommended by sector intermediaries。
According to li, the group of yellow-village silos is currently getting younger, and the standard of living and transportation packages for buyers is constantly being raised. The combination of quality, value for money and high mobility, the precision of the right-to-use demand, and the continued rise in the heat of the market have helped to stabilize the overall housing prices of the region。
Guo yi said that now that improved house-buyers are becoming more rational, priority will be given to areas with mature, planned landings. At the same time, the supply cycle and the quality of the dwelling are key to decision-making, and quality, i. E. The purchase of ready-to-occupancy and sub-residences, are more favoured in the field than in the time period where there is a risk of delivery。
This is the case in the old steel house, which was built in the 1980s in most of the eight-point and ancient towns. This type of housing is less mobile, it is more difficult to change hands later, and it is less valuable to keep up with the new house。
According to mahi, there has been a marked change in the current regional construction structure. In the early years, when the market was dominated by the first-ever off-site establishment, the replacements are now becoming the core of the construction industry, with demand concentrated in the two main directions of small-household replacements and the replacement of quality housing packages。
The stable price of the targeted housing supply, the generally stable mindset of replacement owners and the weak willingness to reduce prices, further support the smooth functioning of regional housing prices. In mahi's view, the beijing building city as a whole is currently in a price run-off cycle, and the market will continue to be in a horizontal position from may to september. Even if some small owners have a small amount of genre, if the price of replacing the target source exceeds psychological expectations, the buyer tends to suspend the transaction and the market as a whole is stable and volatile。
Driven by some regional price reversals, the market for second-hand houses in beijing has shown an overall upward trend. According to the national statistics institute, the price of second-hand houses increased by 0. 3 per cent, 0. 6 per cent and 0. 4 per cent respectively in beijing between february and april 2026, three months running upwards, further confirming the positive recovery in the market for second-hand houses throughout the city。
The maple indicates that the second house market in beijing has left the depth adjustment phase and is on the path to a steady recovery. The current level of market trade continues to rise, and housing prices have stabilized. The growing appreciation of the quality of housing and its availability, the heightened demand for upgrading of the housing sector, the further release of the value advantage of the sub-news, the effective activation of the five outer market dynamics, and the laying of a firm foundation for the smooth running of regional housing prices also augur well for the continued improvement of the quality of residential products。
