2016-10-18 15:42

 

Property market new deal force a second tier cities cooling

 

[news] October 18th report Beijing (economic information daily) National Day before and after first-tier cities as well as Tianjin, Hefei, Zhengzhou and other twenty-two city focused on the introduction of the real estate market regulation policy, adjusted from the credit limit, the purchase of land supply, market supervision and other aspects, even though the content and intensity differences, but the regulation policy intensive introduction is changing the market parties for the future direction of the property market expectations.
Central Plains real estate research center statistics show that as of 17, the national total of 54 cities signed a total of 130944 residential units, while the same period in September contracted for 137483 sets.
Centaline chief analyst Zhang Dawei believes that because of the lag effect and sign data, although the data is still not fully reflect the real data of the current property market. But from the transaction structure in October, the market has begun to change.
The first is a second tier cities began to cool, from the urban impact, the first tier cities in Shanghai, Beijing turnover than the same period last month, respectively, down 42% and 16%. In addition, Ji'nan, Suzhou, Changsha and other cities have also appeared in the turnover of the chain down. Zhang Dawei said, the whole point of view, the second tier cities began to cool down. Last week, the second tier cities signed commercial housing 33 thousand and 600 sets of commercial housing, two consecutive weeks of less than 40 thousand sets. Second tier cities to upgrade the purchase, credit limit policy began to affect the market turnover".
In addition, from the actual contract, the direct impact of the new deal by the 22 cities, in October the first half of the turnover has been significantly reduced, the actual decline of about 30%-40%. It is expected that the volume will gradually begin to reflect the signing of the data in late October. A second tier cities in the overall market, even in some cities appear to rush to grab the last policy of the policy effect, as of 16, the actual signing of the data has also been reduced by 25%-30%. Zhang Dawei said, if the policy to eliminate the impact of the last bus, the market turnover in the last week to cut the rate of about 35%".
Secondly, in terms of price, after all the way up the phenomenon is being stopped. Centaline data show that from the market prices, Beijing, Shenzhen, Hefei, Suzhou, Nanjing and other places the early emergence of the price obviously prices of second-hand housing listings, are slashing prices to the normal level of market.
In the Beijing market as an example, the house agency statistics show that as of 16, since October the Beijing market only 7 projects into the market sales, and the number of the same period last month in the city project is up to 14.