In recent years, especially in the first tier cities, the proportion of buyers who buy first-hand new houses instead of second-hand houses has fallen. Some buyers believe that this is due to the rise of first-hand new house prices. As the basis for price rise, they use data to prove that even through inflation adjustment, the purchase price paid by first-hand new house buyers is much higher than the house price a few years ago
The relative increase in sales of second-hand houses may be explained by the decision of only a small share of all home buyers can best explain the lack of persuasion of the above-mentioned property buyers.