Some 11,156 homes were sold in the capital from the beginning of the year to January 28, a 570 percent increase compared to the same period in 2012, a property agency says.
Nearly 400 units were sold on average every day from January 22 to 28, HomeLink said, despite the fact that the beginning of the year was usually slow. The average housing price was 23,259 yuan per square meter on January 28.
In December, the latter figure was 20,627 yuan, data from the Beijing Real Estate Association shows.
However, supply could become a problem. Only 1,114 units were put on the market from January 1 to 27, HomeLink data shows.
Only one housing development, in the northeastern district of Shunyi, started sales in the January 21-27 period, according to statistics from the China Index Academy, a property research organization.