Overview of weekly turnover: Turnover tends to stabilize and individual cities with excessive growth call back. It has been two weeks since the Tomb-sweeping Day. As the Labor Holiday is drawing near, some property developers carry out the promotion in advance; potential purchasers and property developers all look towards the promotion, thus turnover is expected to see a staged summit compared with that of early April.
After sales recession for over one year, property developers’ capital is relatively strain, thus they can not invest large fund in new development; regional differentiation in land market is obvious, and it is hard to see complete recovery in short term.