Beijing secondary home sales, prices rebound after policy easing

The rebound in Beijing's secondary home sales suggests policy easing is resonating with demand, particularly for non-local buyers previously constrained by strict social security and tax thresholds. This is a targeted signal for China's property sector, where secondary markets often lead broader sentiment shifts. The key question is whether this weekly pickup translates into sustained momentum or fades as pent-up demand clears. For market watchers, the durability of transaction volumes and price stability in the coming weeks will indicate if the easing measures have genuinely altered buyer behavior or merely temporarily accelerated activity.