What signals were released on May 70?

China Economic Net, Beijing, June 16 (Reporter Li Fang) According to data on the 16th, the National Bureau of Statistics showed that in May, the sales prices of newly -built commercial housing were decreased from the previous month. One; the sales price of second -hand housing decreased 53 cities month -on -month, an increase of 3 over the previous month. In terms of month -on -month, Chengdu rose 0.9%, and North Shanghai, Guangzhou and Shenzhen rose 0.4%, flat, 0.5%, and 0.5%.

Yan Yuejin, research director of the Think Tank Center of the E -House Research Institute, said that the housing price index showed three characteristics in May: First, the pessimistic and optimistic emotions were presented, and the signal of market participation subjects in the signal behind house prices was different. Second, some cities with large declines, similar to third -tier cities, are expected to be further relaxed to activate reasonable housing consumption needs. Third, from the actual situation, the actions of raising sales performance in housing companies will continue.

The effect of the easing policy of the new house is gradually emerging

According to data from the Bureau of Statistics, in May, the sales prices of new commercial housing in first -tier cities rose 0.4%month -on -month, an increase of 0.2 percentage points from the previous month; second -tier cities decreased by 0.1%month -on -month, and the decrease was the same as last month. Sumid 0.3 percentage points than last month.

In May, the sales prices of second -hand housing in first -tier cities rose 0.4%from the previous month to the same; second -tier cities decreased by 0.3%month -on -month, and the decrease was the same as last month. Third -tier cities decreased by 0.5%month -on -month, a decrease of 0.2 percentage points from the previous month.

"The property market is still in the process of finding the bottom, and the price limit of new residential buildings has been relaxed, but second -hand housing is still down." Zhang Dawei, chief analyst of Zhongyuan Real Estate, analyzed that many places in the epidemic have relaxed the price limit policy of newly built houses, so newly built newly built The price of housing has appeared slightly upward, especially in first -tier and second -tier cities, but second -hand housing reflects the real situation of the market, and the actual market is still in the downturn.

"The sales prices of new commercial housing in first-tier, second-tier, and third-tier cities were 0.4%, -0.1%and -0.3%month-on-month. Compared with last month, it showed a positive sign of expanding or narrowing, indicating that the effects of loose policies in the first few rounds of policies in the previous rounds of policies were loosened. It has gradually appeared. And the second -hand housing market can truly reflect the market, and there is still no significant signs of recovery in the short term. "Said Chen Xiao, a senior analyst at the Zhuge Housing Data Research Center.

58 Zhang Bo, the dean of the branch of the Anju House Real Estate Research Institute, believes that although housing prices have continued to decline in May, the downward trend slows down, and the trading market of first -tier and second -tier hot cities is under policy stimulation. Although it is still at the bottom of the market, driven by the overall recovery trend across the country, follow -up is also expected to gradually usher in a rebound in batches.

The subsequent policy of the property market is loosened

From the perspective of various cities, the price increase in Chengdu's new houses and second -hand housing led again, continuing the double list of last month. The prices of new houses and second -hand housing rose 0.9%.

"This is mainly due to the two new policies of 516 and 531. In addition, compared with the major cities, the house prices in Chengdu are relatively low. Since last year, the price increases under various strict restrictions. "Chen Xiao said.

Judging from the month -on -year increase of the housing prices index in May, the house prices in nine cities fell more than 5%year -on -year. Cities with weak house prices, including Nanchong, Zhanjiang, Harbin, Beihai, Dali, Luzhou, Yueyang, Changde and Qinhuangdao.

"Generally speaking, there are many third- and fourth -tier cities in such cities, and it belongs to the third and fourth -tier cities with richer tourism resources or the central and western regions. It also shows that the downward pressure of the market in such cities is relatively large." Yan Yuejin said.

In May, the price of second -hand housing in third -tier cities decreased by 0.5%month -on -month, a decrease of 0.2 percentage points from the previous month. "This shows that the difficulty of market recovery will be greater than the first and second lines, but the market is expected to be better." Zhang Bo believes that the third quarter is the key implementation stage of stabilizing the economic market from all over the country. Only get fundamental recovery. On the other hand, some supply and demand is more difficult than the recovery of third- and fourth -tier cities with obvious imbalances. It is expected that it will be recovered from the hot high -quality sectors of some cities to gradually rise to the bottom.

Entering May, the property market loosening policy continued to deepen. As of May 31, according to the incomplete statistics of the Zhuge Housing Data Research Center, a total of more than 220 loose tied policies were introduced. Frequent is unprecedented.

Not only that, the credit side also ushered in a new favorable good. On May 15th, the central bank's differentiated credit policy allowed the interest rate of the first house in various places to decrease by 20 basis points. After five days, the 5 -year LPR dropped 15 basis points, which means that the local mortgage interest rate The minimum can be reduced to 4.25%.

Looking forward to the market outlook, Chen Xiao believes that although the restoration of the market has not yet reached the expectations, it is undeniable that the positive signals that have been adjusted have already appeared. It is expected to be further expanded for the decline in the property market loosening policy. June will become an important time node, which indicates the direction of the second half of the year to a certain extent.

- END -