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Sellers hope to ride even higher on property wave

By Wang Wei | 皇冠体育app Daily | Updated: 2010-03-24 07:50

Sellers hope to ride even higher on property wave

An agent walks past a housing agency in the Wangjing area. Homeowners have pulled out of sales of their houses as land prices in the area have skyrocketed. Wang Jing / 皇冠体育app Daily

Around 30 percent of people selling second-hand homes in Wangjing, Chaoyang district, have terminated contracts with buyers in recent days in anticipation of prices shooting up even higher.

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