Weekly Average Sales Price in Beijing

Added on by C. Maoxian.

A chart from Deutsche Bank:

Starting on February 16, 2011 anyone wanting to purchase a first home in Beijing had to produce proof of five consecutive years of local tax/social security payments. That explains the big spike down on the chart.  There were also bans imposed on Beijingers for purchases of third or more homes, and on outsiders for purchases of a second home.