Housing price data for 70 cities in February was released, and cities such as Tianjin and Wuxi attracted attention. Industry analysts believe that in this round of property market adjustment cycle, second-hand housing has begun to play an increasingly important role.
The five cities with the largest month-on-month increases were Tianjin, WuxI, Beihai, Xi'an and Shanghai. "This just shows that the current fluctuations in housing prices in various cities are cyclical," Yan Yuejin, research director of E-House Research Institute said.