The regulatory authorities strictly check the illegal funds entering the market: to prevent the excessive rise of house prices in some cities

category:Finance
 The regulatory authorities strictly check the illegal funds entering the market: to prevent the excessive rise of house prices in some cities


In April, the sales price of new commercial housing and second-hand housing in all cities rose the same or slightly higher than that of last month. According to preliminary estimates, the sales price of new commercial housing in four first tier cities rose month on month 0.2% , the same increase as last month. Among them, Beijing declined 0.3% , Shanghai up 0.6% , Guangzhou and Shenzhen are the same. Sales price of second-hand housing rose month on month 1.1% , up more than last month Zero point six Percentage points. Sales prices of new commercial housing and second-hand housing in 31 second tier cities rose on a month on month basis 0.5% and 0.4% , an increase over the previous month Zero point two Percentage points. The sales price of newly-built commercial housing in 35 third tier cities rose month on month due to lower price level 0.6% , up more than last month Zero point four Percentage points, higher than the first and second tier cities; sales price of second-hand housing is relatively stable, rising month on month 0.2% , up more than last month Zero point one Percentage points.

Zhang Bo, President of anjuke Real Estate Research Institute branch, said that from the data, after the overall return to normal in March, the heat of many cities rose rapidly in April, the overall recovery pace of the real estate market was significantly faster than expected, the housing price began to split up to a certain extent, the housing price of some cities began to rise, and the real estate market is still in a stable and positive development trend.

It is worth noting that in the first quarter of Chinas GDP fell by 6.8% year-on-year, at the same time, the core city housing prices rose abnormally, and some of the citys luxury sales were hot. The orderly release of accumulated demand for self residence has promoted the gradual recovery of the real estate market. At the same time, there has also been a noise of borrowing money to speculate on real estate, such as housing mortgage. For this kind of phenomenon, the central bank and relevant local authorities quickly thoroughly investigate the relevant situation, which once again shows the determination of the regulators to implement no speculation in housing.

In terms of policy, the Ministry of finance made it clear on April 3 that local government special bonds should not be used for land collection and storage and real estate related projects. On April 17, the meeting of the Political Bureau of the CPC Central Committee reiterated the position of no speculation in real estate and promoted the steady and healthy development of the real estate market. On April 22, the CBRC asked banks to monitor the flow of funds and resolutely correct the illegal flow of loans into the real estate market.

At the same time, some favorable policies of the real estate industry are also being released. On April 3, the Ministry of Finance incorporated the transformation of old urban residential areas into the support scope of local government special bonds; on April 10, the Shanghai government announced to support the reasonable financing needs of real estate enterprises, and encouraged financial institutions to increase the financing support for the transformation of old residential areas; on April 30, the CSRC and the national development and Reform Commission jointly issued a document to promote the pilot work of REITs in the field of infrastructure. Industry insiders said that these policies indicate that the financing of real estate enterprises in the future in old residential area reconstruction, sales receipts and PPP project construction may be supported.

According to shell Research Institute, the future industry opportunities are mainly in the stock field, including the brokerage field of housing replacement, old residential area transformation and urban renewal. A large number of housing replacement needs will occur in the stock market. From the perspective of the transformation of old residential areas, there will be 170000 old residential areas in China in 2019, covering an area of nearly 4 billion square meters, and gradually increasing. From the perspective of recent policy trends, social forces will accelerate their participation in the transformation of old residential areas. The China Index Research Institute expects that the main tone of the real estate market regulation will remain unchanged in the future, the central government will continue to adhere to the positioning of no speculation in housing, and maintain the continuity, consistency and stability of the real estate financial policy. Under the guidance of the governments policy of stable land price, stable house price and stable expectation, the local government will still make flexible measures to ensure the smooth operation of the real estate market. Source: surging news editor: Wang Xiaowu NF

According to shell Research Institute, the future industry opportunities are mainly in the stock field, including the brokerage field of housing replacement, old residential area transformation and urban renewal. A large number of housing replacement needs will occur in the stock market. From the perspective of the transformation of old residential areas, there will be 170000 old residential areas in China in 2019, covering an area of nearly 4 billion square meters, and gradually increasing. From the perspective of recent policy trends, social forces will accelerate their participation in the transformation of old residential areas.

The China Index Research Institute expects that the main tone of the real estate market regulation will remain unchanged in the future, the central government will continue to adhere to the positioning of no speculation in housing, and maintain the continuity, consistency and stability of the real estate financial policy. Under the guidance of the governments policy of stable land price, stable house price and stable expectation, the local government will still make flexible measures to ensure the smooth operation of the real estate market.