According to Beijing Urban Construction Commission, up to September 25th, 75775 suits of commercial homes have been sold, which has surpassed the whole trading volume of 72007 suits last year.

"Purchasing quota" has been deemed as the most strict home policy of the government. The property market in 2011 was hurt hard by the quota. Local media reported that 72007 suits of homes was only 10,000 suits more than the lowest sales in the year 2008, and less than half of the sales in the year 2009.

Considering the current trading volume, some analysts said that the winter for property developers have passed away.

Developers' confidence may back since March and April this year, when the property market recovered. Developers generally leveled up selling price in May and June, while the market still reached a peak in July and August.

Though trading volume has dropped with 20 percent a week in September, a manager of a property developing company said that new projects will still start after the National Day.

Zhang Dawei, the director of the Market Research Center of Centaline said that the credit policy is still the critic of the following trend of property market. Though the market is not active in September, trading volume has got the high level in the recent two years.

While home sales is not active as expected, land market is thriving. Longfor Property Co.(00960.HK) successfully bid the Sunhe land plot with 1.47 billion yuan, Poly Estate (600048.SH) and Beijing Capital Development Co.(600376.SH) jointly got the developing right of another land plot with 1.38 billion yuan. Statistics show that land transferring fee of Beijing government has reached 12.31 billion yuan this month. And the government got 11.87 billion in the latest 7 days, approximately equal to the fees in the first half of this year.