In many hot cities, the blindfolded property market finally shows signs of braking in the middle of 2021.
Market information from all sides shows that under the new round of stress control, Shenzhen, Hefei, Guangzhou, Chengdu, Hangzhou and other popular cities have shown signs of cooling down. Although there is no substantial correction in house prices, market sentiment has actually turned from hot to cold. The overall performance of the core cities in the Yangtze River Delta and Pearl River Delta is relatively outstanding, and individual cities gradually stabilized after a short-term rapid rise; The overall prosperity of the northern property market is relatively low.
From the non-stop rise since the middle of last year to the non-stop rise in the middle of this year, the mentality of just need buyers has gradually returned to calm from anxiety. Industry insiders expect that under the joint efforts of all-round regulatory policies and the continuous tightening of housing related credit, the property market in hot cities will enter a new stable period, and the buyers who just need to buy houses may also usher in a good time to buy houses calmly.
Significant regional differentiation and cooling of hot cities
With the frequent occurrence of regulatory policies and the gradual decline of small spring effect, the differentiation of the real estate market is significant.
A few days ago, Changchun housing security and Housing Administration Bureau issued a notice saying: “recently, some real estate development enterprises have signed purchase contracts with buyers according to the declared and recorded price of commercial housing, and they will give part of the refund within a certain period after collecting the purchase money. This behavior is suspected of selling back to the principal or selling back to the principal in disguised form, seriously disturbing the normal market order and violating the spirit of real estate regulation policy. ”
After noticing similar news, Shenzhen real estate developers, who are rushing to sell in the middle of the year, told the reporter of China first finance and economics that the competent authorities do not allow house prices to fall, but intend to prevent and control the adjustment period of the real estate market. The developers’ implementation of capital return sales leads to a storm of funds, and the risk is transferred to the government.
“The developer’s implementation of capital return sales at least shows that the project is likely to encounter obstacles in sales and difficulties in decontamination, and is in urgent need of cash flow back.” The person said that it is expected that the number of such behaviors will increase in cities with low housing boom or cities with cliff like downturn.
Changchun’s market is the epitome of a city with a cooling property market, but in the south, some cities still maintain a certain degree of heat. For example, Guangzhou, which continues to lead the first tier cities in house price growth in May, is still selling well in hot areas. Affected by the price limit policy in the first half of the year, Guangzhou Huangpu District, Nansha District, Panyu District and other hot blocks are now selling real estate hardcover to avoid the impact of price limit policy on profits, and the de modernization is still ideal.
One north and one south is the concentrated embodiment of the differentiation of the real estate market.