In May, 70 large and medium -sized cities have slowed down. Has the Chinese property market bottomed out?

China News Agency, Beijing, June 16 (Reporter Pang Wuji) A positive signal of the property market in China.

The first is to slow down house prices. According to the data released by the National Bureau of Statistics on the 16th, the sales prices of 70 large and medium -sized cities in China in May have continued the decline in the overall continuation, but the downward trend slowed down. Among them, there are signs of bottoming in the new house market. In the 70 cities in May, the number of new house prices fell from the previous month, and the average decline in house prices had narrowed. In May, the number of cities with a decline in new houses decreased by 4, a decrease of 0.1 percentage points narrowed by 0.1 percentage points.

Among them, first -tier cities have rebounded the greatest, and have risen for five consecutive months. In May, the prices of new houses in first -tier cities rose 0.4%month -on -month, an increase of 0.2 percentage points from last month. The decline (-0.1%) of second-tier cities was flat, and the decline in third-tier cities has narrowed.

Xu Xiaole, chief market analyst at the Shell Research Institute, pointed out that in May, the price of new houses in Shenzhen in May has risen from the previous month and the increase in Guangzhou from the previous month. In addition, the price of new housing in 35 third -tier cities in the month has narrowed from the previous month. Because of its large market share, the positive significance is more obvious.

The positive signs of house prices are mainly caused by the improvement of the transaction side. According to official data, in May, the sales area of ​​commercial housing nationwide increased by 25.8%month -on -month, and sales increased by 29.7%month -on -month. This is the first time that the monthly sales of commercial rooms have increased for the first time. Supply indicators such as the construction of housing enterprises have also improved. In May, real estate development investment volume and newly started houses increased by 14%and 20%month -on -month. Xu Xiaole pointed out that the active changes in sales and investment have narrowed prices from the previous month.

How to view the real estate market at this stage? Fu Linghui, a spokesman for the National Bureau of Statistics and Director of the Comprehensive Statistics Department of the National Economic Economics, admits that the real estate market has been in a downward trend as a whole this year. However, he pointed out that recent localities are increasing the implementation of the implementation of the real estate market policy and measures, and adopting multiple measures to effectively meet the reasonable housing needs of residents. In addition, the interest rate of real estate loans is reduced, and the burden of house purchases is reduced, which is conducive to the stability of the real estate market. Judging from the recent investigation, some positive changes have occurred in the real estate market.

According to the incomplete statistics of the Zhuge Housing Data Research Center, in the first five months of this year, there were more than 220 supporting property market policies in various places. Among them, the policy was issued 99 times in May, and the policy was unprecedented. Moreover, the credit side also ushered in new favorable good, and the minimum mortgage interest rates in various places can be reduced to 4.25%.

Li Yujia, chief researcher at the Housing Policy Research Center of the Guangdong Provincial Planning Institute, pointed out that the improvement of the implementation of a bailout policy in the early period and the improvement of the funding for the purchase power has become more significant. However, this effect has performed more obvious in the first -tier and second -line hot cities, so the price of new houses in first -tier cities has rebounded the most significantly in recent months. Recently, high -priced houses (luxury homes) transactions in first -tier cities have risen, driving rising prices. Second and third -tier cities have a large space for policy relaxation (such as purchase restrictions, loans, sales, and taxation). The new housing market has also begun to bottom out. It is expected that it will also have a downward rebound trend in the next 2 months.

Zhang Bo, the dean of the 58 Institute of Anju Institute of Real Estate, believes that the decline in housing prices in May means that the property market is currently in the rise of the bottom of the building, and confidence is constantly recovering, and the most difficult time has gradually passed.

Although it is generally good, Li Yujia pointed out that the current recovery path of the property market is not stable. On the one hand, new houses or second -hand house prices in most cities are still falling. The number of new houses in hot cities increased, but the conversion rate was relatively low, and many developers had to continue to reduce prices. On the other hand, the price of second -hand housing declines greater than new houses, which may lead to poor release of "selling one, one, one, one, one, one, one, one, one, one, one, one, one, one, one,

In the next step, Li Yujia believes that when the market heat has risen from expanding from the luxury home market and high -energy cities to a comprehensive market, the overall new housing market can be opened. After the expected recovery, those who just need to change the house can choose more housing, driving the decline in the second -hand housing market to narrow or stop falling, thereby further supporting the recovery of the new house market.

(Source: China News Network)

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