Agency statistics show that as of March 8, 55 cities have optimized the regulation and control policies of the real estate market this year, including reducing the proportion of down payment, reducing housing loan interest rate and relaxing provident fund loans .
Experts believe that all localities are accelerating the implementation of the requirements of “supporting the commercial housing market to better meet the reasonable housing needs of buyers”, and the implementation of urban policies will be further strengthened.
optimal control policies for 55 cities
According to Zhuge’s statistics on finding houses, as of March 8, 55 cities have optimized the regulation and control policies of the real estate market this year. The policy mainly starts from the demand side and covers relaxing loan restrictions, reducing the proportion of down payment, reducing housing loan interest rate, relaxing provident fund loans, etc.
Source: Zhuge looking for a room
due to the city, the implementation of policies will be strengthened
“In the context of a large number of people entering the city due to the accelerated urbanization rate, the regulation of the real estate market has experienced a continuous tightening of the demand side for 10 years. It can be expected that the demand side policy will continue to be loose and return to normal in the future.” Guotai Junan Securities Co.Ltd(601211) real estate chief analyst Xie Haoyu said.
Experts predict that weak second tier and third and fourth tier cities may further optimize regulation and guide real estate transactions to gradually return to normalization. “The core first and second tier cities still need to unswervingly adhere to the regulation objectives and efforts, and strictly block the loopholes in policy supervision. In the short term, the regulation of the ‘four limits’ will still be strictly implemented.” Said Ding Zuyu, CEO of E-House enterprise group.
Lu Ting, chief economist of Nomura China, also agreed with this view.
property market recovery
After the Spring Festival, the recovery of the second-hand housing market in some hot cities accelerated.
According to the data of Shell Research Institute, in February, the trading volume of second-hand houses in 50 cities under key monitoring increased by about 4% month on month. Considering the small number of Spring Festival holidays and natural days, the market repair efforts were obvious in February, especially the rapid recovery of trading volume after the festival. From February 7 to the end of the month, the daily average trading volume of second-hand houses in 50 cities increased by about 40% compared with the daily average level in January, about 10% higher than the daily average level in December last year.
Xu Xiaole, chief market analyst of Shell Research Institute, believes that in March, under the influence of active supply and demand and expected improvement, the market as a whole may show a trend of stable volume and price rise.
Recent data also confirm the above statement. According to the data of 10 key cities monitored by Zhuge Housing Research Institute, last week (February 28-March 6), the trading volume of second-hand houses in 10 key cities, including Beijing, Shenzhen, Suzhou, Nanjing, Xiamen and Ningbo, was 11876 units, an increase of 9.65% over last week. The trading volume of second-hand houses has increased for four consecutive weeks. Although there is still a certain gap compared with the same period last year, the data last week has caught up with the weekly average trading level in January. It is expected that there will still be some supportive policies to stabilize the property market, the reasonable housing demand will be further released, and the trading volume of second-hand housing will continue to rise steadily.
