The 31 provinces real estate situation report (hereinafter referred to as the “report”) published on 21 november by the evictions institute shows that housing prices fell in 13 provinces throughout the country during the first november of this year, with heilong river falling the most, at 10 per cent, amply illustrating the current downward pressure on the real estate market。
It is noteworthy that on 20 december, the network of officials of the provincial government of heilongjiang released the " movement control conference convened by the provincial housing offices to deploy all efforts to boost the real estate industry " . It was suggested that preferential policies be implemented. Different types of subsidized housing are to be implemented to effectively stimulate the demand for housing and unleash consumption potential; and to actively guide market expectations. It is necessary to strengthen public opinion and willingness to consume real estate and boost market confidence。
The report considers that this is also the first province in the country to have a clear “growth of real estate” since the central economic work conference. Accordingly, the report selects the barter-to-price indicator for new commodity houses to be analysed to observe the pressures and problems facing the market for the sale of houses in heilongjiang。
According to the report, more attention was paid to the market for the sale of houses at the conference on movement control of heilong river. The attention of the heilong river to the buying market was well illustrated by the fact that the words “to meet the rigid and improved needs of local residents” had appeared in the meeting, “to effectively stimulate the demand of the population for housing” and “to increase the willingness to consume real estate”。
Heilongjiang's house fell the most
The report shows the year-on-year increase in the value of commercial housing transactions in the country's 31 provinces in november of this year. The data show that 15 provinces have increased faster than the national average, while the remaining 16 provinces are below the national average, of which 10 are negative. In november of this year, the sale of goods in the heilongjiang river grew at a rate of -18 per cent each year, ranking 29th out of 31 provinces, only slightly less than in yunnan and qinghai. Given such market conditions, it is indeed necessary to convene this dispatch meeting of heilongjiang。
There are similar pressures on prices. According to the report, in the first 10 provinces of the country, the average price of commercial housing increased by more than the national average in comparison with the previous november, while 21 provinces were weaker than the national average. In addition, in 13 provinces, housing prices have fallen. The most marked decline in the price of housing in heilongjiang, with a drop of 10 per cent, fully illustrates the current downward pressure on the real estate market。
According to the report, in addition to the merchandise housing exchange price indicator, other indicators can also reflect pressures on real estate in heilongjiang from different perspectives. Accordingly, the report includes indicators of development investment, construction, new construction, the size of the transaction, the amount of the transaction, the average price of the transaction, etc., and provides a more comprehensive picture of the current situation in the city of heilongjiang。
Statistics show that, in the first november of this year, housing-related indicators in heilongjiang were generally under greater downward pressure and ranked behind in 31 provinces. Of these, real estate development investment grew at a rate of -4 per cent per year, ranking 30th, or 2nd in the last; real estate construction space increased by -5 per cent over the same period, ranking 31st and 1st in the last; the increase in the size of new construction in real estate was -21 per cent on a year-on-year basis and ranked 27th and 5th last; the size of commercial houses is increasing at a rate of -9 per cent each year, ranking 28th and 4th in the last; the volume of commercial housing transactions increased by -18 per cent on a year-on-year basis, ranking 29th and 3rd in the last; the average sale price of a commercial house increased by -10 per cent on a year-on-year basis, ranking 31st and 1st last。
The statistics show that, in the 31 provinces of the country, the indicators of real estate construction in heilongjiang showed the worst performance in the first november of this year, while housing prices fell the most. In addition, according to this table, some provinces ranked behind heilong river are more likely to have liberal policies in the future。
The director-general of research at the centre for the think tank of the institute for evictions has made a major leap forward in the view that the importance attached to the growth of the real estate industry is well illustrated by the publication by the network of officials of the provincial government of heilongjiang on the occasion of the conference on movement control, which was convened by the provincial housing offices to deploy all efforts to boost the growth of the real estate industry。
It is believed that, at present, although there are various policies across the country to support and develop real estate, such as housing subsidies, such policies are fragmented and do not rise to the level of industry or industry. The current pressure on the national real estate market is such that it is important to pay close attention to the real estate market and to be responsive to city policy. For example, from the indicator “commodity house price plus”, yunnan province has significantly greater pressure than heilongjiang province, which requires that such provinces actively study the heilong river approach and explore, inter alia, the activation of housing consumption. It is only through active attention to current market contradictions and pressures that the provinces will be able to formulate more precise policies to promote the virtuous cycle and healthy development of the real estate industry. (new latitude app)
