The exchange of second-hand rooms in beijing has recently begun to decline and prices have become more rational。
According to data from the beijing residents ' network, 9340 used rooms were closed in beijing in october, a 25. 7 per cent decline from last month and a new low since last april。
In fact, there was a downward trend in the exchange of second-hand rooms in beijing in september. According to the ministry of market research in beijing, there were 12,000 second-hand residential nets in beijing that month, a decline of 23 per cent in the ring ratio, a decline of 28 per cent over the same period last year and a new low in the market over the past year。
The traditional “golden-golden-sixty” loss is reflected not only in turnover but also in prices. First, the deal was weak, and some landlords chose not to be listed for sale because the current house price did not match their psychological expectations. According to the october report on the national secure tenure index, the supply side of the new housing stock fell by 5. 2 per cent in october and by 17. 5 per cent in beijing。
Second, there has been an increase in price games between second-hand buyers and sellers in beijing, as well as an increase in the proportion of landlords willing to lower their prices. According to data from the monitoring of wheatfield properties, more than 85 per cent of the marketed housing stock in october was set downward, an additional 4 percentage points higher than in september。
Ms. Liu (alias), the owner of thongzhou, apparently felt that the second-hand house in beijing had fallen prices, saying, “in tungzhou, apart from the increase in prices around global film city, other sources of housing had fallen significantly, such as tsui-shikri and xinhua house. Intermediaries refer to specific price models.”
"the villa has been very expensive." ms. Liu further stated that “as a result of the promotion of intermediaries, a villa of 120 flats in two gardens, eight million fined, 6 metres empty in the living room, with elevators, with an original cost of 44 million, is now at a minimum of 38 million. Moreover, for example, a 650-square-square-square-native community with an owner's original home purchase price of 305 million could now be sold at an urgent cost of 26. 5 million and at a full monthly cycle floor of 25 million. “..
In response to the above, the wheatfield estate stated to the interface news that “the decrease in the price of the villa was due to the impact of the psychological expectations arising from the introduction of the real estate tax. However, the overall reduction is concentrated in the previously defunct school quarters.”
Since this year, with the implementation of the double reduction policy and the policies issued by the ministry of education, the price of secondary housing in beijing has generally returned to rationality。
In september, however, the association of real estate brokers of the haidian district of beijing launched a self-regulatory initiative within the industry, calling on intermediaries to work together against malicious competition for housing sources. At the same time, the sea dwellings association has issued a reference price for second-hand house transactions in some hot spots. The guide price design list contains 29 priority areas for stardock, for small households of less than 60 m2, medium households of 60-90 m2 and large households of more than 90 m2 and less than 1 per cent of the registered guide price。
“the largest number of adjustments is in the school district. The worst regions are east, west and haydow. In other surrounding regions, the relatively small decline in school area attributes is about 3-5 per cent. “hail chain broker zhang ping (alias) stated that, for example, a hummingbird home next to the three small towns of central guan village, where unit prices previously amounted to around 200,000, is now only 150,000. “..
The ui news query chainer app found that a 49. 39 square metre home-based hummingbird housing source had indeed been reduced to 7. 6 million at an average price of approximately 15. 38 million/m2。
Li, alias, was also said to have increased bargaining space for the second-hand room at the moment, “the reduction in the prices of school buildings has largely not had an impact on the latter. The lower number of registered houses was due to better sales in the first half of the year. However, it is true that there is now room for room prices to talk about, and about 300,000 more space to talk about.”
The second-hand house market cooling agent had long been prejudiced. At the teleconference on performance in the second quarter of this year, shell management expected the market to cool down in the second half of the year. In particular, in the case of second-hand houses, the tightening of credit, the rise in mortgage rates, the lengthening of the approval and lending cycle and the overlapping of the second-hand reference price system will have a significant impact on second-hand house operations。
I love my family's predictions in the paper that the second-hand market is expected to fall in the second half of the year as a result of the current increase in the down payment ratio of loans, the initial increase in the cost of home purchases, the shift in school housing policy, the implementation of internet-bound prices, the overall tightening of secondary real estate market management policies, and the entry of transaction prices, transaction reviews, and the expected decline in second-hand markets。
According to the president of the house of directors of the real estate institute: “the current change in the style of the real estate market, which in general has shifted from the seller's to the buyer's market, is an important manifestation of the decline in the turnover, the lack of even the downside of the sale price, and the resulting change in the mindset of the market has led to a decrease in heat. Also, at the level of objective factors, stringent housing policy has led to a sharp reduction in demand, especially in the case of second-hand mortgages in some cities, which have a long lending cycle, leading to a steady increase in the trading cycle.”
The current market for second-hand houses shows an improvement over the beginning of the previous two months, when there were signs of relaxation。
Since the end of september, when the central bank made a call for real estate markets “to preserve the healthy development of the real estate market and the legitimate interests of housing consumers”, credit stability signals have been released on several occasions。
“the shell institute's monitoring of interest rates on mainstream urban mortgages shows that in october, for the first time in the year, interest rates on mortgages fell in ring, indicating an improvement in the local market housing credit environment. The housing credit environment is expected to continue to improve marginally in the fourth quarter, providing security and support to the first-supplied and one-sale-a-supplied improvement in order to restore market expectations and ease market adjustment pressures.” xu xiaoling, chief market analyst, shell institute。
Beijing chain agents and wheatfield properties have indicated to the interface news that there have been signs of easing in recent times. The loan cycle is shortened to three months。
“housing loans are less stressful than before, and the current lending cycle is three months. Some banks, such as wah ha bank and grand bank of guang, will be able to lend in one to two months.” “however, when the mortgage policy is adjusted every 20th of the month, the second-hand market will be dominated by policy, according to beijing chain agents”
As far as beijing is concerned, there is also optimism about the prognosis of the director of the beijing academy of chainers, who said that “the market has four characteristics: it has many shifts, low bars, tight regulation, and real demand. These features make it possible for the beijing market not to surge in its upper stages, but also to have its own resilience in its lower stages.”
In terms of data, the second-hand room in beijing performed well this year, and there was a boost in october。
According to data from the beijing residents ' network, in the first october of this year, the total number of second-hand rooms in beijing was 1,658. 94 million, up from 1. 3. 638 million in the previous october。
In addition, the monitoring of wheatfield housing data showed that the temperature of the market in beijing in the second half of october and the first half of the month was clearly divided. Daily readings averaged 32 per cent more in the second half of october than in the first half of the month。
The plateau further indicated that while the number of transactions in october was less than 10,000 in the city as a whole, the netting data were in fact somewhat delayed and the actual october data provided more feedback on the functioning of the september market. In terms of business practices in residential transactions, as credit tightening began to subside, sellers were expected to go down, listing prices were closer to the actual level of transactions, easier to reach transactions, and market operations were in the recovery phase。
Based on research and preliminary estimates, it is estimated that there should be an increase of around 20 per cent in the ring comparison between october and september, which will be reflected in netting data in november。
