A city house prices are falling recently
Article by Rachel
such as price fixing DuoZhong under control policy, all of the “gold nine nokias property market” but ushered in the dismal beginning, the main city property market turnover down, more than half a city without exception, clinch a deal is caught in a “freezing point”. To this, Beijing lian da four party chairman of the company, real estate YangShaoFeng says: “since the last volume low wandering, the fourth quarter of a line of city house prices will appear larger fluctuation, especially in the suburbs, some items may play a discount of depth.” In addition, he also thinks, at present a lot of room of enterprise capital chain are facing great pressure, even China vanke such leading said exceeds 1 billion yuan project must look for cooperation partners, so is expected soon developers will collective depreciates.
A line fell more than 30%, the volume of city
According to the court last week announced middle finger (9.5-9.11) property market transaction data shows, the monitoring of the 35 cities, 19 city property market turnover year-on-year drop in volume, 11 cities fall more than 30% year-on-year, including shenzhen biggest drop to 60.85%. Next is the changsha, up more than 50% decline also. Key city, only to rise compared to the city of wuhan, the rest is up, in addition to drop, the volume of the shenzhen, Beijing, chongqing, hangzhou (excluding xiaoshan and yuhang), guangzhou, chengdu, nanjing and Shanghai year-on-year decline was also is more than 30%.
And in the first week of September (8.29-9.4), shenzhen’s property market turnover was seen by more than 50% year-on-year decline. At the same time, Beijing, Shanghai, shenzhen, hangzhou also continuous 2 weeks property market turnover up more than a third of the downturn.
From the statistics, showed that search room net last week (9.5 9.11) Beijing housing 1104 sets, signing a week before November fell 23.07% over the same period last year, up 72.74% and the average plunge of 158. Only signing And in September 2010, Beijing’s average volume to 407, sets. September 10,-12 small long holidays, the Mid-Autumn day is secondhand market in Beijing signing is only 40 sets of this year, and small volume low holiday.
Shanghai before September 11 trading day new commodity residential house in the city, is only less than 191700 square meters, clinch a deal since 2005 have online real estate transaction records the same period since the average of the half. Guangzhou Mid-Autumn festival holiday two days before the average daily trading volume is more sharply shrinking by 55.3% last year.
Obviously, in September this year the city’s housing sales a line not only did not have the former hot, volume is in the low post around.
And since August, Beijing into the property market turnover appears was shrunk dramatically, volume continued low around. Early September, volume slightly picks up, breakthrough 160000 square meters. But by the end of August due to early September new opening the lack of supply project, last week and appeared more volume fell significantly, restore to early August level.
Shanghai as well, because in August as property market trading volume off-season, housing, and weeks for shrink are lower than the same period last year volume level. In September, for two weeks volume has not seen the change significantly, continue to late August level.
To this, the court of the middle finger analysis report pointed out, the Mid-Autumn festival in quzhou ?? on small long holiday to the taizhou, again after three line for two ?? pyramid city, liaoning dandong is launched “price to make”. Due to the new ?? city in September gradually will increase, and housing inventory pressures increase, so the housing market downturn will also is expected to continue for some time.
In this case the real estate, she said that although the whole main city house prices, but still strong local prices loose phenomena are very obvious. For example Beijing, aug. Beijing the new home market after 6 months after the regulation, the price appears obvious loose.
The suburbs of price. Present price loose project mainly concentrated in tongzhou, daxing and outlying regions such as fang shan magmatic Beijing. These areas in common is new supply the bigger, relatively low price, and on the experienced sharp price rise. Located in the typical buildings “tongzhou pearl river ravi town” in May this year the price of 20000 yuan/square metre above, and offer the end of August was only 17000 yuan/square metre.
Many developers to special room “form” curve “reduce the price.” Huaye Oriental rose “in early August to launch a 60 sets of special offer room fell about 10%.” Embellish is the launch of the “maple took special on housing prices fell to nearly 50%, but only for 2 supplies are also building about 220 sets. With this, there are analysis that the purpose of the price, developers, mainly lies in the test market can accept price bottom line, not rule out further more mass reduction of the future possibility.”
1-August commodity house sales growth is slowing
In September in major cities of a family property market fell sharply at the same time, 1-August, the national commodity house sales covers an area of 600 million square metres, up 13.6%, and 1 July-growth, flat last year growth than increased 3.5%, and by slowing growth continues to expand. The month of August sales of commercial property area of 78.17 million square meters, up 13.5%, than diminishing 4.3% growth last month.
At the same time, the first 8 months the national commodity house and residential sales average price is 5558 yuan respectively/square meters and 5184 yuan/square metre, annulus comparing July average sales were increased by 0.23% and falling 0.03% more than the same period last year, up 10.9% and 10.0% respectively, and 1-July flat. Beijing, Shanghai and other ten cities September average price annulus dropped 0.41%, and July last year for the first time since September decline.
In addition, real estate development enterprise self-raised funds than to continue improving, accounting for domestic loans accounted for more than remain down trend. Statistics show that the developers funds totalling 5.5 trillion yuan, a year-on-year increase of 23.4%, a rate of 1-July rose 0.3%. In addition to domestic lending, self-raised funds growth fell outside, the rest of the capital source all maintained growth trend.
Overall, 1-August national commodity house markets continue to present a “quantity price rise flat” situation, but sales area and sales year-on-year growth slowed, and estate regulation not to relax is still recent development enterprises have to the problems faced.
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