Ji'nan housing prices rose 14 months later, the first drop in September, the average price of 8781 yuan / square meter.

time:13-10-05 forum:
  Reprinted from http://www.sd.xinhuanet.com/cj/2013-10/05/c_117598357.htm
life daily

after a long period of continuous rise, Ji'nan house prices for the first time more than a year for the first time down news, according to the China Index Institute published today's 100 city housing price index, Ji'nan in September house prices fell 0.88%, a small margin. It really conveys important market signals.
according to the data issued by the China Index Institute, the average price of newly built residential buildings in 100 cities in September was 10554 yuan / sq m, and the ring rose 1.07%. since June last year for sixteenth consecutive months.
from Ji'nan, for the first time in more than a year, the first decline was 0.88%, the average price of 8781 yuan / sq m, which was the first fall in Ji'nan's house prices for more than a year. Since the end of last year, house prices in Ji'nan have risen steadily every month, and many buildings have raised their prices each time. People feel the rising price of house prices. Why will the price of the house price fall in September? The analysis of this industry may be due to two reasons. One is a new batch of houses coming into the market in September, and the market price is lower in order to get sales. On the other hand, a large number of houses in Ji'nan west station area entered the market in September, occupying a large proportion of the market. Ji'nan west station area housing prices are relatively low, the overall pull down the average price. Meanwhile, a substantial increase in housing supply in September could also restrain housing prices. The industry believes that the possibility of steadily rising housing prices in the future is still relatively large.

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