The prices of secondhand houses are on the high track, while the houses sold got even fewer. According to the Touming house selling network, 890 secondhand houses were sold in the main five districts of Hangzhou, 91 fewer than the previous last. At the same time, last week, the secondhand house trading volume reached the lowest point since May.

The trading volume of secondhand houses apparently shrank. It is estimated that the visiting customer number decreased by 15% or so." The spokesman of Yuxing Fixed Assets Company said that the house price kept very high, and people were waiting for good chances. The decrease of the trading volume was proofing this. Other information revealed that it was not likely that the trade volume of Hangzhou's secondhand houses would be as good as that in May or June, with a month-on-month decrease of trading volume: it reduced by 9% in August compared with that in July; it reduced by 6% in July compared with that in June.