Zou Lan, deputy director of the Financial Market Department of the Peoples Bank of China, said at a media briefing on April 10 that the Peoples Bank of China will also adhere to the continuity and stability of real estate financial policy in 2019.
Zou Lan said that since 2016, the Peoples Bank of China (PBC) has led the financial sector to actively cooperate with real estate regulation, promote the establishment of a long-term mechanism for stable and healthy development of the real estate market, strengthen the macro-prudential management of real estate finance, restrain excessive liquidity flow to real estate, and promote the formation of a virtuous circle between finance and real estate. It should be said that in the past few years, the overall policy effect has gradually appeared, and the orientation of real estate regulation and real estate financial policy is unchanged and consistent.
Zou Lan said that we have also noticed some significant changes in the real estate market in some areas, especially in individual cities, since this year. The Peoples Bank of China has been closely following up and monitoring. The relevant authorities have also strengthened their guidance to the relevant urban governments and further implemented the main responsibilities of the urban governments.
It points out that from the perspective of real estate credit, the new real estate loans in the first quarter were 1.82 trillion yuan, 73.6 billion yuan less than the same period last year, an increase of 18.7%, a decline of 3.9% year on year, accounting for 31.4% of the new loans. This is also a data of great concern to all parties. This proportion is 7.7 percentage points lower than the same period last year. Among them, the balance of personal housing loans increased by 17.5% year-on-year, and the growth rate decreased by 2.4 percentage points compared with the same period last year.
According to some data in April, Zhang Wenhong, deputy director of the Bureau of Survey and Statistics of the Central Bank, household loans increased by 17.3% at the end of April compared with the same period last month, which was 0.3% and 2.3% lower than the same period last year, respectively. Among them, personal housing loans increased by 17.5% year-on-year, 0.1 percentage points lower than the end of last month and 1.9 percentage points lower than the same period last year. Incrementally, household loans increased by 2.34 trillion yuan in the first four months, slightly more than the same period last year, an increase of more than 50 billion yuan. In April, it increased by 5.58 billion yuan, 2.6 billion yuan less than the same period last year.
Zou Lan analysis, from the big data point of view, the detailed data should not change greatly in the trend. In 2019, the Peoples Bank of China will continue to strictly follow the orientation of housing is for living, not for speculation, and the goal of stabilizing land prices, stabilizing house prices and stabilizing expectations, and adhere to the continuity and stability of real estate financial policy.
He introduced that there are several specific aspects of the focus: first, to cooperate with the implementation of a long-term mechanism for the stable and healthy development of the real estate market; second, to implement a good differentiated housing credit policy in accordance with the principle of governing by the city; third, to continue to do a good job in real estate market fund management with the relevant management departments; fourth, to improve the relevant system and increase the housing rental market. The financial support and regulation of the market will promote the formation of a housing system with both rent and sale.
Source: Yang Yi_NBJ10647, Responsible Editor of Beijing Newspaper