The decline in related indicators has narrowed, and the property market has seen positive changes

time:2022-12-02 17:02:33 source:clevelanddrifters.com author:Market analysis
The decline in related indicators has narrowed, and the property market has seen positive changes

Data released by the National Bureau of Statistics on September 16 showed that in August, the sales prices of commercial housing in first-tier cities rose slightly month-on-month, while second- and third-tier cities turned down or expanded month-on-month. The sales price of new commercial housing in first-tier cities rose by 0.1% month-on-month, and the growth rate dropped by 0.2 percentage points from the previous month; the sales price of second-hand housing changed from a month-on-month increase of 0.2% to the same. Fu Linghui, a spokesman for the National Bureau of Statistics, said that since the beginning of this year, all localities have adhered to city-specific policies, made good use of the policy toolbox, and supported rigid and improved housing needs, and the results have gradually emerged. In many places, there have been some positive changes in the real estate market, and the decline in relevant indicators has narrowed. The latest data from the National Bureau of Statistics shows that from January to August, the sales area of ​​commercial housing was 878.9 million square meters, a year-on-year decrease of 23.0%; the sales of commercial housing was 8.587 trillion yuan, a year-on-year decrease of 27.9%. percentage point. In addition, from January to August, the real estate development enterprises had 10,081.7 billion yuan of funds in place, down 25.0% year-on-year, and the decline was 0.4 percentage points lower than that from January to July. "The decline in market sales has narrowed, the decline in real estate companies' funds in place has narrowed, and investment in real estate continued construction projects has maintained growth." Fu Linghui said that despite some positive changes in the real estate market, it is necessary to see that the improvement in sales will be transmitted to real estate investment and production. It takes a process to promote the stable and healthy development of the real estate market, and we still need to continue to make efforts. In order to promote the steady and healthy development of the real estate market, policy regulation has been intensified in many places recently. According to the statistics of Centaline Real Estate, as of the end of August, there have been more than 700 real estate adjustments since the beginning of this year, compared with 420 in the same period last year, a year-on-year increase of nearly 67%. The policy to stabilize the property market is expected to continue to exert its force. With the gradual emergence of the effects of policies to stabilize the property market in many places, the operation of the real estate market is expected to gradually stabilize. Du Haomin, chief analyst of the real estate industry of Sinolink Securities, said that with the implementation of the policy to stabilize the real estate market, the operation of the real estate market is expected to gradually stabilize. Chen Wenjing, market research director of the Index Division of the China Index Research Institute, believes that in the short term, local policies are expected to increase depending on the city. In addition, September and October are traditional peak seasons for real estate sales. Real estate companies generally increase their efforts to promote sales, and the improvement of the supply side is conducive to increasing market activity. The credit field or the focus of city-by-city policies. Ding Zuyu, CEO of E-House Enterprise Group, believes that in the future, local governments will implement city-specific policies or focus on the credit field, and the priority of easing loan restrictions will be on the rise. etc. are optional. "Core first- and second-tier cities do not rule out following the example of Suzhou and Xiamen to moderately reduce the down payment ratio for second homes to promote the release of demand for replacement and improvement. In addition, mortgage interest rates are still in the downward channel, and Shanghai and other cities may welcome adjustments to the rate of increase in mortgage interest rates."

(Responsible editor:Fuel stock)

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