Beijing "May Day" Real Estate Market Observation: New home promotions are strong, while sales of second-hand homes are under pressure.

During the "May Day" holiday, reporters visited the real estate market in Beijing and found that there was a significant regional differentiation in the second-hand housing market, with limited overall transactions. New housing developments generally launched a series of promotional activities, with many offering special holiday discounts. Some developments also offered additional discounts on top of the special prices, leading to a noticeable differentiation in transactions.