THE slowdown continues in the Beijing real estate market with sales for residential and commercial housing sliding last month.
The China Real Estate Indices Office says the market has shown little sign of revitalisation.
The Beijing real estate selling price index's slight fall, by seven points to 1,129, was supported by corresponding decreases in the price indexes for different types of housing in the city.
The only increase was for sales of ordinary housing. The office said the decreases reflected a cool response to properties on sale despite a tight supply for offices and residential properties.
In contrast, Beijing's rental indexes have increased by six points for office space and 11 points for commercial housing.
The increases were still lower than those for March.
The office said interest in ordinary housing for the local market continued to increase in line with the central government's housing reform policy.
