On the afternoon of the 20th, when the "cancellation of purchase restrictions on second-hand houses in Nanjing" triggered a heated discussion in the market, this officially announced new deal added variables.
At 4:00 p.m. on the wechat official account of Nanjing Housing Association, xufawen said that from May 20, 2022, when registered residence and non registered residence residents in Nanjing buy second-hand houses, they do not need to provide house purchase certificates to meet the reasonable house purchase needs of new citizens and other groups in need.
First finance immediately learned from the relevant staff of Nanjing Housing Authority that the news was true. "The cancellation of purchase restriction was informed this afternoon (20th) and has been implemented."
However, at about 5:00 p.m., the article on the wechat official account of Nanjing Housing Association about canceling the restriction on the purchase of second-hand houses had been deleted. Almost at the same time, 5I5J Holding Group Co.Ltd(000560) Nanjing Research Institute's comment on "Nanjing completely cancels the purchase restriction of second-hand houses" was also deleted.
Subsequently, first finance confirmed from various parties that the new deal had been urgently stopped.
A person close to the local housing authority told first finance that "this policy is true in the afternoon, and it is also true that this policy has been withdrawn."
Another shell real estate agent told first finance that "the policy of relaxing the purchase restriction of (second-hand housing) has been a half day tour." The intermediary said that in the early afternoon, the market was more concerned that the purchase of foreign registered permanent residence no longer required relevant qualification certificates, and the purchase channel was opened. However, due to the sudden rise of market heat, it attracted the attention of the regulatory authorities. At about 5 p.m., it received a notice that it was restored to the previous purchase restriction policy.
The purchase restriction policy currently implemented in Nanjing was released in 2017. According to the Nanjing housing and Urban Rural Development Bureau, in order to implement the requirements of national urban policies and classified regulation, adhere to the principle that "houses are used for living, not for speculation", strengthen the housing property, and promote the steady and healthy development of the real estate market in Nanjing, the general Office of the municipal government issued the notice on further adjusting the housing purchase restriction policy in Nanjing. Since March 16, 2017, on the basis of the original regulation policy, Further adjust the existing housing purchase restriction policy in our city.
Since this year, compared with other cities that have relaxed the purchase restriction policy, the pace of optimizing the purchase policy in Nanjing has been "small steps for many times". Since April, the news of loose house purchase policy has been spread many times in Nanjing.
In mid April, the office of Nanjing leading group for promoting the steady and healthy development of the real estate market issued the notice on clarifying the purchase restriction policy for commercial housing for newly settled people in Pukou, Liuhe, Lishui and Gaochun districts, which said that from the date of settlement, commercial housing and second-hand housing can only be purchased within Pukou, Liuhe, Lishui and Gaochun districts (excluding the areas directly under the jurisdiction of Jiangbei new area) within two years. Other matters shall be implemented in accordance with the current housing purchase restriction policy of Nanjing.
In late April, first finance and economics sought confirmation from various parties. In some sectors in Qixia District and other restricted areas, registered residence in Nanjing can buy the third suite, while the social security requirements of outsiders have also been reduced to six months.
In early May, local families with two or more children in Nanjing can buy a new commercial house and enjoy the support of the most preferential loan interest rate of relevant banks.
The target is to relax the purchase restrictions in these areas.
Yan Yuejin, director of the think tank center of E-House Research Institute, said that from the perspective of the optimization path of Nanjing, the step-by-step model of deregulation from local areas is more stable and worthy of reference for other hot spots; From the content of purchase restriction relaxation, at present, the relaxation of second-hand housing purchase restriction has become a common choice for many places in the country to activate reasonable and improved demand.
according to the data of the National Bureau of statistics, in April, under the influence of multiple factors such as the epidemic, the prices of new houses and second-hand houses in Nanjing fell. Among them, the price of new houses showed negative growth for the first time this year, down 0.5% month on month, while the price of second-hand houses fell 0.6% month on month, exceeding the average decline in second tier cities (0.3%), falling month on month for seven consecutive months
While prices weakened, property market transactions also continued to be cold. From the transaction data, according to the Southwest Securities Co.Ltd(600369) Research Report, in April, the cumulative transaction area of Nanjing was 290603 square meters, down 61.2% year-on-year, far lower than the average value of 43.3% year-on-year decline in the monitored second tier cities.
In order to boost the property market, Nanjing has released favorable signals of the property market for many times since the second quarter. In the second-hand housing market, in addition to canceling the purchase restriction and allowing more demand to flow into the second-hand housing market, in order to reduce the purchase cost of residents, Nanjing has also increased financial support for the purchase of second-hand housing for many times.
It is noteworthy that on the same day when the news of "Nanjing's complete cancellation of the purchase restriction of second-hand houses" came out, according to the news of Nanjing provident fund center, in order to meet the reasonable housing needs of the employees who pay the housing provident fund and give full play to the role of the housing provident fund in ensuring the people's livelihood, after deliberation and approval at the first meeting of Nanjing housing provident fund management committee in 2022, from May 20, 2022, Adjust the maximum amount of housing provident fund loans for the first time in Nanjing.
After the adjustment, the maximum loan amount of the second set of housing provident fund purchased with the housing provident fund loan for the first time is adjusted from the current 300000 yuan / person and Shanghai Pudong Development Bank Co.Ltd(600000) yuan / household for both husband and wife to 500000 yuan / person and 1 million yuan / household for both husband and wife.
In terms of commercial loans, at present, the mortgage interest rate of mainstream banks in Nanjing has been generally reduced. First finance and economics learned that the mortgage interest rate of second homes of some banks, such as Industrial And Commercial Bank Of China Limited(601398) , China Construction Bank Corporation(601939) and so on, is as low as 5.2%. On the 20th, the new phase of loan interest rate quotation mechanism was released. The five-year LPR decreased from 4.60% to 4.45%, a sharp decrease of 15 basis points, which exceeded the market expectation. Many analysts in the industry believe that this will further improve the market expectation of local home buyers in the short term and actually enhance the purchasing power of improved groups.
