In November, the new housing market in Shanghai continued to develop steadily. Supply continues to release, buyers' enthusiasm for subscription remains unabated, and the trading volume is basically at the average level in recent years.
Near the end of the year, the cash flow pressure of real estate enterprises has increased. Although the central government has recently released a loose signal, it will take some time for the effect to appear. At the same time, new home buyers have become more and more rational and will choose the target real estate more pertinently. The overall market has insufficient momentum at the end of the year.
In terms of price, the high-end projects entering the market in the first two months successively completed the transaction registration this month, and the average transaction price rose structurally.
In November, the top ten plate transactions were mainly located outside the outer ring road. Sichuan North Road and Siping Road are the only plates in the list located in the outer ring, and the new supply ranks first in the city.
Among the best-selling buildings, Changning Yuyuan famous residence entered the market for the first time in October, with a total of 154 houses, and the main house types are 2 rooms with an area of 106-116 square meters and 4 rooms with an area of 167-179 square meters. The project has complete supporting facilities around, strong living atmosphere and diversified house types. In addition to 2 rooms and 4 rooms, it also provides a certain number of 3 rooms and duplex products. However, the project is mainly surrounded by old residential areas, and the environment near the vegetable market, popular plates and real estate is relatively poor. At the same time, most buildings are close to the road, which will have a certain noise impact. As it is the only new site providing small and medium-sized houses in the whole Changning District, although the internal design of individual houses is general, the overall transaction situation is good, and more than 80% of them have been removed in two months.
