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Beijing's real estate sales in 2015 surge 64.8%

The number of newly-built commercial homes sold in Beijing increased 26 per cent year-on-year in 2015, according to a municipal agency.


PROPERTY sales in Beijing rose 64.8 per cent in 2015, boosted by more favourable housing policies, according to a real estate white paper released by the city's government.

Increased government stimulus sparked a sharp reversal in the market after sales volumes fell 30 per