In March, the average price of houses in 100 citie

2022-08-22
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In March, the average price of houses in 100 cities fell by nearly 90% year-on-year, with 16 cities falling by more than 10% year-on-year

in March, the average price of houses in 100 cities fell by nearly 90% year-on-year, with 16 cities falling by more than 10% year-on-year

April 2, 2015

[China paint information] yesterday, according to the latest data monitored by the China Index Research Institute, in March 2015, the average price of houses (newly built) in 100 cities across the country was 10523 yuan/square meter, down 4.35% year-on-year, and the decline expanded by 0.51 percentage points; It fell slightly by 0.15% month on month, 0.09 percentage points narrower than last month

it is noted that housing prices in 87 of 100 cities fell year-on-year, including 16 cities such as Guilin and Sanya, where house prices fell by more than 10%

in this regard, the China Index Research Institute believes that from the perspective of the overall market performance, the "little sunny spring" in March arrived as scheduled, the overall environment of the real estate market was improving, the real estate enterprises adopted an active sales strategy, the pace of de stocking was accelerated, and the inventory fell slightly. Although the average price of houses in 100 cities still fell slightly, the decline was narrowed

87 city house prices fell year-on-year

according to the monitoring data of China Index Research Institute, in March 2015, housing prices in 87 of 100 cities fell year-on-year, and the number of falling cities was the same as last month. In addition, the average price of (New) housing in ten major cities such as Beijing and Shanghai was 18938 yuan/square meter, a slight decrease of 0.1% month on month; The year-on-year decline continued, with the decline expanding by 0.74 percentage points from the previous month to 3.19%

in this regard, Zhang Dawei, chief analyst of Centaline real estate, believes that from the perspective of the national market, March is still in the recovery period after the Spring Festival. Another analyst bluntly said that this means that the current market inventory is still high and the sales pressure is not reduced

it is worth mentioning that the third and fourth tier cities are still the hardest hit areas for the decline in house prices, and the average sales price of their newly-built houses has a large scope for decline. Guilin, Sanya and other 16 cities fell by 10% - 20%; Liaocheng, Nanchang and other 40 cities fell between 5% and 10%; Dongying, Weifang and other 27 cities fell by 1% to 5%; Yichang, Kunshan and other four cities fell by less than 1%

however, among the four first tier cities, Shenzhen and Shanghai increased by 0.59% and 0.41% respectively; Beijing and Guangzhou fell by 0.11% and 1.39% respectively. Chen Sheng, executive director of China real estate data research institute, believes that compared with the third and fourth tier cities, the recovery of housing prices in the first and second tier cities is expected to be higher, and prices in Beijing, Shanghai and other regions will rise around June this year

the new deal promotes the steady development of the property market

in fact, another group of data on trading volume has reflected the activity of the current market

according to the statistics of Centaline real estate research center, in March 2015, the transaction volume of 54 major cities across the country quickly recovered according to the provisions of relevant international norms such as ISO, and the transaction volume reached 2284 million sets of speed regulation systems installed under the workbench, with a month on month increase of 80.64%, and an increase of 5.7% compared with 216000 sets in the same period in 2014

Zhang Dawei said that market transactions recovered rapidly, especially under the deregulation of the central bank's second home loan policy at the end of March. It is expected that the real estate market turnover will also rise rapidly in April and even the whole second quarter, and it is expected that the increase in major cities will be very obvious

from the perspective of policy impact, recently, the government has issued various rescue policies to stabilize housing consumption in land supply, credit policy, transaction tax and other aspects

in this regard, the China Index Research Institute believes that some policies are even close to 2009. By reducing the proportion of down payment, reducing the tax burden on second-hand housing transactions, optimizing the supply of housing and land, we can help digest inventory and promote the stable development of the real estate market. Looking forward to the future, various consumption stabilizing policies related to real estate have been basically complete. If cities can effectively implement and implement them, it will effectively stimulate the deregulation of the market and promote the steady and healthy development of the real estate market

in view of this, Chen Sheng said, "the overall increase in house prices this year should be 7%-8%. We have done a study. If GDP (gross domestic product) is to reach 7%, the relevance of real estate must also reach this value, otherwise it will drag down GDP."

Zhang Hongwei, director of Tongce consulting and research department, believes that the large amount of land supply in cities and the resulting large amount of inventory are still not digested, and the market performance is still oversupply. Of course, the cheaper the better, the better, and it is difficult to improve in the short term. Even if there are "330 New Deal" rescue policies such as reducing the down payment of second home loans and reducing the exemption threshold of business tax, it is difficult to say that the market fundamentals this year are too brilliant

Zhang Hongwei further said that judging from the opening performance of the real estate market in the second quarter, whether it is the de stocking pressure of the real estate market or the competitive pressure brought about by the centralized promotion of developers, the real estate market in the second quarter still needs to do the "quantity" article. For the development of shanguo, we should still adhere to the market strategy of de stocking in the second quarter of this year or even throughout the year

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