Second hand housing market November 2021: the trading volume of second-hand housing increased steadily, and the average transaction price continued to decline

In November, second-hand housing in Shanghai became

The trading volume continued to increase slightly and month on month, while the transaction price continued the trend of previous months and fell further.

After relatively strict regulation and control, benefiting from the recent improvement of credit environment, Shanghai's second-hand housing market shows signs of slight recovery. However, the two sides of stock housing transactions still have different judgments and game with each other on market expectations. In addition to the low price of emergency houses, most listing prices are still at the normal level of the market, and the increase in transactions is mainly due to the acceleration of lending.

The recent meeting of the Political Bureau of the CPC Central Committee proposed to "better meet the reasonable housing needs of buyers and promote the healthy development and virtuous cycle of the real estate industry". It is expected that there will be better policy support for first-time house purchase and improvement of replacement in the future, and the stock housing market is expected to recover gradually.

In November, the trading volume of most administrative regions of the city still maintained an upward trend. Among them, although Yangpu District increased month on month, it was lower than September, which was the most bleak month of this year. Among the falling regions, Huangpu District had the largest decline, mainly because the number of house sales sources was insufficient and the price did not loosen significantly. In November, the plates on the list were distributed in each ring line, and Jiading and Xuhui districts with relatively good regional transaction performance were on the list.

The top two plates have improved in varying degrees on a month on month basis, all because there are supporting commercial housing communities in the plate, which have been centrally registered. Among them, Sheshan plate has been on the list for two consecutive months, and the number of monthly transaction sets ranks second in the city, with a year-on-year value of up to 300%. Xinhua Road plate is the plate with the largest month on month increase in transaction within the urban area this month. Due to a certain degree of price loosening in recent months, the transaction volume is moderate, especially in the after-sales public housing community with relatively low total price. After the loan issuance speed is slightly accelerated, the transaction volume has increased for two consecutive months.

 

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