As the spring effects gradually receded, shenzhen city turnover showed a slow recovery and housing prices remained stable。
As the spring effects gradually receded, shenzhen city turnover showed a slow recovery and housing prices remained stable. Last week, close to 500 first-hand homes were sold across the city, especially on 1 march, when the number of nettings exceeded 100; the average exchange price fluctuated. After spring, the number of visitors to the buildings returned to normal and the willingness of clients to purchase began to increase. In march, the market will gradually return to normal levels, as the developer pushes harder and policies become clearer。
Last week, the new room was settled
According to the municipal planning land commission, 492 new units were sold last week, with a total area of 50052 square metres at an average value of $54386/m2. From last week onwards, the turnover began to recover slowly, while the average exchange price rose and fell. In the southern mountains, the turnover was close to the average of the previous weeks, at 36 units, at an average value of $106620/m2, an increase of 7 per cent in the ring ratio; in the bouan area, at a total of 198 new houses, at an average value of $53769/m2, a decrease of 6 per cent in the ring ratio; in the lungang district, at a total of 245 new houses, close to half the city-wide turnover, at a nearly three-fold increase in the ring, at an average value of $41368/m2, a decrease of 1. 1 per cent in the ring rate; in the fukuda district, at an average price of $76,089/m2; in the lo lake area, at a total of 6 units, at an average price of $70,682/m2; and in the salt field, a decrease of 1. 1 per cent。
On the second-hand residential market, according to shenzhen's statistics, 851 second-hand homes were sold throughout the city last week, an increase of 295. 8 per cent in ring value of $58480/m2 and an increase of 4. 89 per cent in ring value. From a regional perspective, the prices for fukuda, boan and yonggang increased last week, by 1. 7 per cent, 0. 9 per cent and 0. 5 per cent respectively, while the prices for nanshan remained essentially the same as in the previous week. In shenzhen, the centre for the study of the markets of the inland lands of shenzhen analysed the current general upward trend in the index of the manager of the land in china and the index of the offer of the owner, especially since the index of managers has remained above 60 per cent for three consecutive weeks, and it is expected that the second-hand residential market will remain stable or positive。
Strict regulation to maintain market stability
At both sessions this year, the report of the government on its work referred to such elements as “consisting on the location of the house as a living place and not as a fireman”, “continuing differential regulation, establishing sound long-term mechanisms to promote the smooth and healthy development of the real estate market”, “ nurturing the housing rental market, developing communally owned housing”, and “conservingly advancing real estate tax legislation”, which would have an impact on the movement of shenzhen city this year
Song ding, director of the tourism and property research centre of the institute of integrated development studies, believed that shenzhen would continue with strict real estate regulation, moving along a stable and robust path, and would generally continue the policy course of the past year without major changes。
The director of the institute of real estate of the institute of the institute of deep houses, deng zhiwan, analysed the fact that this year's report on the work of the government referred to “a sound promotion of real estate tax legislation”, which would have a certain impact on shenzhen's future market. If the real estate tax could be introduced in the next two to three years, it would facilitate a better distribution of housing resources and would have a certain impact on those who fire their homes and own multiple apartments. Shenzhen housing prices are now relatively stable, and the overall evolution of shenzhen real estate this year is likely to be “stabilized”。
The research director of the shenzhen real estate intermediary association, tsui mae, argued that “residence or not” provided a direct indication of the policy direction of the shenzhen commodity residential market for the next five years; “classification regulation” was intended to further implement “satisfaction of first demand, support for demand improvement, and curbing speculation”。
