Guangzhou has always been regarded as the “depression” of housing prices in the first-tier cities, but after entering the second half of 2020, the real estate market in Guangzhou is “turning red” with naked eyes. Looking at the real estate market in Guangzhou in 2020, we can see that the overall situation of Guangzhou’s real estate market has gone out of the trend of first restraining and then rising. Stimulated by market sentiment, sufficient supply, and favorable policies, transactions in the primary and secondary markets are rising at the end of the year, and transactions in the primary market are breaking through 100000, reaching a new high in the past four years.
Looking forward to 2021, a number of people in the industry told the daily economic news that under the general control policy of “real estate, housing, and non speculation”, the market is expected to continue to stabilize and transactions will remain active. But at the same time, we should also pay attention to the possible regulation and other external factors, which may lead to significant changes in market expectations New home sales up by 27% According to the statistics of Guangzhou Zhongyuan research and development department, in 2020, there were 100905 online transactions of first-hand residential buildings in Guangzhou, with a year-on-year increase of 27%; the transaction area was 10.87 million square meters, with a year-on-year increase of 27%. This is also the second-highest turnover of new houses in Guangzhou since 2010, after 2016.
Guangzhou Branch of Shell Research Institute believes that there is still a big gap between the transaction scale of new houses in Guangzhou in 2020 and the historical high in 2016. On the whole, 2020 is still in the adjustment period since 2017, but the trend shows an upward recovery “I think there are two main reasons for the outstanding performance of Guangzhou’s property market in the post epidemic period: first, the improvement of the policy environment and the continuous release of demand; second, the prominent value of the city and the gradual focus of Guangzhou.” Xiao Wenxiao, the chief analyst of Kerry in Guangzhou, told the daily economic news In addition, the surge in the supply of first-hand new housing is also one of the main reasons for the rise in transactions. According to the data of Guangzhou Zhongyuan research and development department, in 2020, the new housing market in Guangzhou will supply 113740 sets, a year-on-year increase of 50%; the total supply of 11751000 square meters, a year-on-year increase of 46%, a new high in the past six years.
On the one hand, the sharp increase in supply is due to the substantial increase in the supply of residential land in Guangzhou in the recent three years. The transferred residential areas are gradually transformed into new housing projects and concentrated into the market, so the developers have sufficient ammunition. On the other hand, in the second half of the year (especially in the fourth quarter), the pressure on the developers to rush the year-end task is not light. Therefore, after the “resumption of work and production”, most of the developers speed up the project development and sales progress The average price of first-hand transactions was relatively stable. In 2020, the average price of first-hand sales in Guangzhou will be 30025 yuan per square meter, with an increase of about 5% compared with the same period in 2019, and the average total price of each set will be about 3.23 million yuan. Compared with 2019, in 2020, due to the increase in the proportion of medium and high-end projects entering the market, the regional average price of Haizhu and Nansha will increase significantly, while other regions will maintain a growth rate of 5%. Among them, the primary average price of Nansha increased by 27.45% year on year to 26643 yuan / m2 According to the “daily economic news” reporter, since the second half of 2020, many Shenzhen Hakkas have organized groups to visit and purchase houses in Nansha and other areas of Guangzhou, which is relatively rare in previous years. spark global limited