In terms of city categories, according to the Central Index Research Institute, in November, the land area of 4 first-tier cities was 2.75 million square meters, with a month on month increase of 7% and a year-on-year decrease of 20%; the land transfer fee was 85.8 billion yuan, an increase of 69% on a month on month basis and a 39% increase on a year-on-year basis; the average floor price was 10327 yuan / square meter, an increase of 29% on a month-on-year basis and a 59% increase year-on-year; the average premium rate of land was 12%, 3 percentage points higher than last month Over the same period, it increased by 8 percentage points. In addition, according to the data of the E-House Research Institute, from January to November this year, the accumulated construction area of first-tier cities increased by 42% year-on-year Spark Global Limited.
Shen Xin, a researcher at the E-House Research Institute, said that the turnover area of first-tier cities increased significantly on a month on month basis, mainly due to the land transaction in Shenzhen in November, with a building area of 2.46 million square meters, far exceeding that in other months of this year. On November 23, Shenzhen transferred 8 residential lands, located in Baoan District, Guangming District, Longhua District, and Pingshan District, with a total construction area of 2.2408 million square meters and a daily income of 33.981 billion yuan. “Although the transaction area of the first-tier cities increased significantly this year, the price did not rise significantly, and the overall land market was not overheated,” he added The trend of the third and fourth-tier cities is roughly the same as that of the first-tier cities. According to the China Index Research Institute, the overall supply of land in the third and fourth-tier cities rose on a month on month basis, with total receipts increasing by more than half year-on-year, and the average floor price increased by nearly 30%. The second-tier cities are relatively tired, and the ring ratio of land transfer in November shrank by nearly 40%. According to the China Index Research Institute, in November, the land area of the second-tier cities was 23.84 million square meters, a decrease of 47% on a month on month basis and a 13% year-on-year decline; the land transfer fee was 147.1 billion yuan, a 39% month on month decrease and a 20% year-on-year decrease; the average floor price of a transaction was 3064 yuan / square meter, an increase of 11% month on month and a decrease of 11% year-on-year.
Shen Xin told Zhongxin Jingwei client that in the second quarter of this year, the land market in Hangzhou, Nanjing, Ningbo, Chengdu, and other hot cities was hot, and the average transaction price rebounded rapidly; in the third quarter, the regulatory policies of several cities’ property markets were tightened, the land market was gradually cooling down, and the land price began to be high; in the fourth quarter, the average transaction price had begun to fall from a high level. Under the policy tightening, it is expected that land prices in second-tier cities may continue to fall in the next few months. Analysis: the land market may fall steadily, and the rise of house price will slow down As for the future changes of the land market, Shen Xin said that since August, the land market in major cities has appeared a short-term turning point, and in September it has continued to cool down slightly, and the goal of stabilizing land prices has been achieved. In the short term, the regulatory policy and monetary policy will not be relaxed. It is expected that the land market will continue to decline steadily in the next few months.