On 21 september, journalists, according to data from the beijing real estate exchange management network, contracted 7381 residential housing units in beijing from 1 september to 20 september. With the exception of affordable and affordable housing, the number of contracted housing units is 6234, or 312 units per day. This represents a decline of 9. 0 per cent from the average of 343 contracts signed on august。
“excessive increases in housing prices and expectations of fine-tuning of credit policies have led to an increased climate of wait and wait.” li wenjie, the managing director of the northern district of china, stated to journalists earlier this month that the traditional “golden-silver-silver-silver-ten” season in the city would continue to be subject to a downward revision。
In previous exchanges with a number of developers, including huanco and paulie, journalists have learned that the level of trade that is still higher than last year has led them to fear that the market will deteriorate too much and to seek “reasonable” sales progress. Moreover, industry has also noted that, as the financial chain of developers is not strained, there is little pressure to reduce sales for back-to-back funding and that the future market is more likely to stand in a “priceless” situation。
The beijing house deal fell to 300 last week
According to data released yesterday by the beijing city real estate exchange network, last week the total number of contracts for commercial residential housing fell by 2,000, with 300 daily contracts falling, a new low since march。
Statistics show that the total number of city-wide housing contracts last week was 2442, a 5. 97 per cent decrease from 2597 in the previous statistical period. Of these, the 1962 number of contracts for residential (excluding limited-priced and affordable) housing units in a purely commercial dwelling was 10. 98 per cent lower than the 2204 units in the previous statistical period, all of which fell by 300 per day. The total number of existing housing contracts last week was 615, a decrease of 6. 39 per cent compared with 657 in the previous statistical cycle。
As a traditional market, beijing city did not have a hot start this year. According to data from the beijing city real estate exchange network, the total stock of commodity houses fell by 14. 99 per cent in the first half of september compared to the same period in august, while the average prices of commodity houses were fine-tuned for the first time since this year, by 1. 37 per cent。
According to a report by the national institute of securities and securities, during the first eight months of the year, there was a cumulative increase of 42. 9 per cent in the area sold in commercial houses and 69. 9 per cent in sales and 29. 5 per cent in prices. However, regional market data have begun to become fragmented, with “regional markets represented by the top three cities of beijing, shanghai and shenzhen having experienced varying degrees of contraction in recent times. We tend to think that the trade in commercial houses has reached a peak.”
In fact, since the beginning of september, some of the new housing projects in beijing have begun to be marketed on a discount basis, while second-hand home owners, who have been at a very low level, have also begun to negotiate with buyers. I love the fact that the consultant said that the majority of the new second-hand homes were of a large household type and that most of the buildings had accumulated an increase of over 35 per cent this year. According to chen guoqiang, director of the institute of real estate research, the city of a front-line city would inevitably undergo an adjustment due to the previous excessive increase in house prices。
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