Middle Finger Research Institute: Traditional off-peak season in the North China real estate market, limited overall number of new openings in the region.

According to the monitoring of Zhongshi, from August 4, 2025 to August 31, 2025, a total of 4 key cities in the North China region including Beijing and Tianjin opened, with a total of 291 housing units available for sale, representing an 84.7% decrease compared to the previous period. Overall, during the traditional off-peak season of the real estate market, the number of new housing units in the North China region is limited, and the sales performance is also showing a differentiated trend, with Beijing's China Railway ConstructionHuayu Jingyun performing well in terms of sales.