You Wei Real Estate Research Center's latest report shows that in August the primary housing (excluding supporting the relocation, the same below) for the supply of 1.0062 million square meters, 41.8 percent less than the ring, also supply the same period last year A decrease of 34.4 percent of which, primary commodities of the additional supply of housing for 738,300 square meters, the ring reduced supply 42.3 percent, year on year also decreased by 21.1%; volume of 650,200 square meters, the ring fell 10.9 percent to nearly 6 - Month low, less than the same period last year turnover of 30% in August this year that the property market downturn.

because of reduced supply of primary goods from the domestic supply and demand than last month's 1.75 to 1 in August fell to 1.14 to 1, for nearly four months low, that the property market oversupply of contradictions Reached its peak in July, began to ease. In response, Youwei analysts believe the serious poor sales in July and August's Olympic Games, the developers made after the supply of pressure to September, so the supply of August dropped sharply, while the developer promotional price cuts and new disc Low opened, bringing the region were part of the warmer, otherwise unsalable I am afraid the situation is even more serious.

August property market discount promotions have become common phenomenon. Arts downtown Jing'an availability of the Court of fighting, 15%-jun Royal Heights availability of the fight Jiuwu Zhe, COSCO two Bay City District availability of low prices closed at 18,000 yuan, down to the current 15,800 yuan; With In the Central region to a new low-cost flats listed, its neighbouring Vanke, Dahua, and other well-known developer of the continually escalating price war, and the suburb of Songjiang Jiuting price war is imminent.

But it is worth noting that, despite the August event of concession sales increased significantly, but in August Yi Shoufang the average transaction price reached 13,600 yuan / square meter, 6.2 percent rebound in the ring.