70 city property market data release, expert interpretation

Reporter Ni Hao

According to the latest data released by the National Bureau of Statistics on the morning of the 16th, in May, the housing prices in 70 large and medium -sized cities across the country continued to decline from the previous month. Compared with the year -on -year data, the increase in house prices in 70 cities declined or expanded. The number of cities with decline in house prices is increasing.

The statistics of the E -House Research Institute show that the biggest feature of the national house prices in May is that second -hand houses are more obvious than the cooling of new houses, and cities with individual declines reached double digits across the country. Specific data shows that the price of new houses in 70 cities decreased by 43 cities month -on -month, which was 43 decreased from last month. Among them, the housing prices index of first -tier cities rose 0.4%, and the second and third -tier cities fell from the previous month. In terms of second -hand housing, housing prices in 70 cities have decreased to 53 month -on -month, of which the housing prices index of first -tier cities rose 0.4%of the previous month to flat, and both second- and third -tier cities continued to fall.

Compared with May last year, in May this year, there were 46 and 57 new houses and second -hand housing prices across the country. Among them, the prices of new houses and second -hand housing in first -tier cities have maintained their growth, but the increase has fallen. Except for new housing prices in second -tier cities rose by 0.3%year -on -year, second -hand housing prices in second- and third -tier cities continued to decline.

Zhang Dawei, an observer in the industry, believes that the market is still in the process of finding the bottom. One is because the epidemic has a greater impact, especially the Shanghai epidemic, and the sporadic epidemic has also appeared in many cities. More weak. In addition, Zhang Dawei believes that although there are many cities that have introduced policies at the moment, the basic policies of first -tier cities have not changed, so the market has not led the global leader.

According to statistics, since the beginning of 2022, more than 200 cities across the country have issued a policy of stabilizing the property market. Compared with the downward pressure of second- and third -tier cities, house prices in first -tier cities are relatively stable. Among them, the price index of Beijing first -hand housing continued to rise year -on -month, 0.4%and 5.9%, respectively; second -hand houses fell 0.1%month -on -month, but increased by 5.3%year -on -year.

A real estate agency in Beijing told the "Global Times" reporter on the 16th that second -hand housing can truly reflect market demand more truly than first -hand houses. From the perspective of Beijing second -hand housing in May, the market also has a cooling situation, because Beijing basically has not introduced relaxation and supporting house purchase policies. In this regard, some buyers choose to wait and see in the expectations of favorable policies.

The Wall Street Journal reported on the 16th that the price decline in first -hand housing in China in May has expanded. Although local governments and banks have taken effective measures to deal with the decline in house sales in the past year, the Chinese property market still faces challenges.

Yan Yuejin, the research director of the Think Tank Center of the E -House Research Institute, told the Global Times reporter that the national property market was pessimistic and optimistic in May, but overall, due to the introduction of the continuous stabilization of the property market. Essence He believes that some favorable factors have been introduced in terms of housing sales, especially the support given by the mortgage market, which helps enhance the willingness to buy houses and enhance trading data. For cities with a large decline in house prices, Yan Yuejin is expected to have more stabilized property market policies in the future. Zhang Dawei also believes that the current real estate market is not just a real estate issue, it is more about the expected problems of the economy. In the future, the competent authorities may introduce more and more positive property market policies. ▲

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