Newest! 70 city house price came: four first tier cities dropped two!

category:Finance
 Newest! 70 city house price came: four first tier cities dropped two!


Generally speaking, the house prices in 70 cities are lower than that in September, and the sales prices of new houses and second-hand houses in the first, second and third tier cities are lower than that in October last year. Compared with that in October last year, the sales prices of new commercial houses and second-hand houses in the second and third tier cities continue to fall, while the sales prices in the first tier cities are slightly higher.

It is regarded as the first tier city of the national housing market vane, and the housing market went out of differentiation in October. New and second-hand housing prices in Beijing fell on a month on month basis, with second-hand housing prices down 0.6% in October, leading the decline in first tier cities. New and second-hand housing in Shenzhen rose on a month on month basis, with second-hand housing up 1% in October, leading the rise in first tier cities. Housing prices in Shenzhen are still bullish after the luxury housing line was raised and Dawan District fully opened its qualifications to people from Hong Kong and Macao.

Second hand housing in Beijing leads the decline in first tier cities

According to preliminary estimates of the new housing market in October, the sales price of new commercial housing in four first tier cities rose 0.1% month on month, down 0.3 percentage points from last month. Among them, Beijing and Guangzhou decreased by 0.2% and 0.1% respectively; Shanghai and Shenzhen both increased by 0.4%, 0.1 and 0.8 percentage points lower than last month respectively.

In contrast, the second-hand housing price can better reflect the price trend of the first tier cities. Second hand residential sales prices rose 0.1% month on month, down 0.2 percentage points from the previous month. Among them, Beijing, Shanghai and Guangzhou dropped 0.6%, 0.2% and 0.1% respectively; Shenzhen rose 1.0%, 0.3 percentage points lower than last month.

Xining led by 2.8% MoM growth in October

In the new housing market in October, the rising prices continued to decrease in cities. Among the 70 large and medium-sized cities, the price of newly-built commercial housing in 50 cities rose month on month, compared with 53 cities in September; compared with September, Xining led the country with a 2.8% increase in October, Hohhot and Nanning ranked second and third respectively, with a 2.4% and 2.0% increase in October.

Harbin second-hand housing rose 1.8% month on month in October, leading the way

In terms of the overall market of second-hand houses in 70 cities, compared with September this year, 35 cities in 70 cities fell, 4 cities were flat, and 31 cities rose; among them, Harbin led the way with an increase of 1.8%, while Fuzhou and Jilin ranked second and third respectively. Compared with the same period last October, 57 cities in 70 cities increased year on year, while 13 cities fell. Hohhot led the way with an increase of 16.4%, followed by Tangshan and Dali.

As a whole, compared with the same period last October, the sales prices of new commercial housing and second-hand housing in the first tier cities increased by 4.7% and 0.5% respectively, 0.1 and 0.4 percentage points higher than last month. The sales prices of new commercial residential buildings and second-hand residential buildings in second tier cities increased by 8.7% and 4.4% respectively year on year, down 0.6 and 0.3 percentage points respectively from last month. The sales prices of new commercial housing and second-hand housing in the third tier cities increased by 7.7% and 4.6% respectively on a year-on-year basis, 0.7 and 0.4 percentage points lower than last month. Kong Peng, chief statistician of the city Department of the National Bureau of statistics, said that the year-on-year increase in sales prices of new commercial housing and second-hand housing in the second and third tier cities continued to fall, while the increase in the first tier cities increased slightly.

Data shows that talent and settlement policy has become one of the important weights to leverage the real estate market. In October, talents and settlement policies frequently appeared in various regions, including Nanjing Liuhe, Hainan Sanya and Tianjin, which played an important role in supporting house prices while driving the rise of the heat of the real estate market. In October, new houses in Nanjing rose 0.2% month on month, 5.7% year on year, second-hand houses rose 0.3% month on month, 5.3% year on year; new houses in Sanya rose 0.3% month on month, 4.8% year on year; however, new houses and second-hand houses in Tianjin rose in October The market fell.

We should pay attention to these new policies that affect house prices

Although real estate is not speculation has reached a consensus nationwide, real estate regulation is one policy for one city. Since November, in order to promote the steady and healthy development of the real estate market, many cities in China have fine adjusted some housing market control policies. For those who hold money to buy, they should pay close attention to the trend of the new deal, and grasp less nodes. At least they dont have to worry about decoration money after buying a house.

On November 4, Anhui Maanshan housing and Urban Rural Development Bureau issued the falling price limit, stipulating that the decline of property price shall not exceed 10%, and reducing the pre-sale standard and supervision requirements for pre-sale funds.

On November 6, the construction leading group meeting of Guangdong, Hong Kong and Macao Bay area decided to facilitate Hong Kong and Macao residents to purchase houses in mainland cities of Guangdong, Hong Kong and Macao Bay area; exempt Hong Kong and Macao residents from the certificate of years of residence, study or work in mainland cities of Guangdong, Hong Kong and Macao Bay area, and pay personal income tax and social security conditions. Hong Kong and Macao residents enjoy the same treatment as mainland residents. This also means that Hong Kong and Macao peoples purchase qualification in Dawan district will be fully liberalized. Netizens predicted that Shenzhen house price will take off.

Nanjing issued a new policy on housing for talents on November 7: all the houses sold in the city are open to talents at home and abroad, and priority channels are opened for the purchase of talents. Talents from government agencies and institutions are included in the policy for the first time. This policy adjustment is the third time that Nanjing has issued the house purchase easing policy this year, following the relaxation of purchase restriction in Gaochun district and Liuhe District.

Since November 11, 2019, Shenzhen Municipal Taxation Bureau has raised the luxury house line. There is no price regulation in the standard of ordinary houses. Houses with a plot ratio of more than 1.0 and a single building area of less than 144 u33a1 are ordinary houses. This is conducive to reducing the purchase cost of the rigid family.

Guangxi Zhuang Autonomous Region will fully liberalize the restrictions on urban settlement, implement the provisions on deepening the reform of the household registration system in Guangxi from December 1, cancel the restrictions on residence registration, such as the number of years of participation, residence and employment, and implement the policy of free to come and go for the newly settled rural college students. Eligible communities, enterprises and institutions within the autonomous region may apply for the establishment of collective households to facilitate the settlement of those who intend to settle in cities and towns in Guangxi without employment units or housing with independent property rights.

According to several media reports, Beijing issued new regulations on November 13, which will separate residential land from commercial land when the local land enters the market. Industry insiders said the move may improve the quality of living environment and public service level, which may further affect house prices.

Source: responsible editor of China Fund News: Liu songju nbj9949