What changes have taken place in Beijing's housing prices after the introduction of the most stringent new policy of "subscribing to housing and lending and divorcing from lending" on March 17? Will future regulation continue to escalate?
Visit: the intermediary said housing prices dropped by 20 thousand, but the housing market felt warm.
At about 10:30 a.m. on August 3, the reporter arrived at two real estate intermediary stores located in Guangqumen. In addition to the intermediaries who chatted and smoked, there were no other customers in the two stores within 40 minutes of the reporter's consultation business.
Many intermediaries said that the average price of stars'houses such as Happy Home and Xinjing Home in this region has dropped by about 20,000 yuan per square meter since the New Deal of March 17. At present, the average price is about 100,000 and 110,000 respectively. The price of rare houses with good individual types is close to 120,000 yuan, but some of them are about 90,000 yuan.
"Since the New Deal of March 17, our days have been difficult. Many colleagues have resigned, and many stores have been closed. In April, May and June, no one set of houses was sold. Fortunately, we just sold two suites in July. We feel that the property market is warming up." These intermediaries said that as the current property market prices adjusted to the same level as the same period last year, the number of clients consulting the house has increased in the past month, and more transactions have been completed.
"During this period, house prices have not dropped any more, and they have remained at the same level as the prices at the beginning of the year for two months," said Ms. Xie of Tongzhou. Ms. Xie recently saw a set of houses for sale near Dongba, offering prices of more than 62,000 per square meter, basically the same as the price at the beginning of this year.
Xie said that unlike in April and May, many of her friends have already started their new houses. "Everyone is watching in April and May. Now we are going."
Report: July 123 cities on behalf of the property market turnover decline
In the past July, the housing market continued to be concerned.
In July 4th, the central bank pointed out that there was a partial bubble risk in the real estate market, and the new credit resources were too concentrated in the real estate sector. On July 24, the Political Bureau of the CPC Central Committee held a meeting to emphasize the need to stabilize the real estate market and speed up the establishment of a long-term mechanism.
According to data released recently by the China Index Research Institute, the area of commercial housing transactions in 29 major cities monitored in July dropped by 8.69% annually, while that in nearly 60% of cities declined, and that in 29 cities fell by 26.15% year-on-year.
"In July, the regulatory policy continued to be stringent, representing a general decline in the city's real estate market transactions, the overall transaction cycle ratio of the real estate market declined, and cities at all levels showed varying degrees of decline." The report points out.
Specifically, the 123 lines represent a decline in the volume of urban property transactions. Among them, the first-tier cities led the decline by 46.02% over the same period of last year, while Beijing and Guangzhou fell by more than 50% over the same period of last year. The area of first tier cities decreased by 16.71%. Second tier cities represent a 4.11% reduction in the area of transactions, down 23.03% from the same period last year. The three line represents a decrease of 17.51% in urban area, down 16.40% from the same month last year.
Prior to this, the data of house prices in 70 large and medium-sized cities released by the National Bureau of Statistics in June showed that the prices of newly-built commercial housing and second-hand housing in first-tier cities fell by 0.1 and 0.2 percentage points annually on average in June, which is the first time that the average price of first-tier cities has declined since the property market rose in 2014. Among them, Beijing's new commercial housing prices fell second in the country, second-hand housing prices for two consecutive months "led the decline" in the country.
According to Zhang Dawei, chief real estate analyst in Central Plains, the development of this round of real estate market depends on first-tier cities in early 2015 and second-tier cities in 2016. After 2017, the market has reversed its differentiation. Under the influence of regulation and control, the second-hand house prices of the first-tier hot cities, especially Beijing, have been significantly reduced.
Regulators: strictly implement the real estate regulation policy
After the 3 / 17 new deal, the Beijing property market is declining both in terms of housing price and personal housing credit.
On August 3, the Beijing Banking Regulatory Bureau disclosed at a regular banking conference that since the implementation of the New Deal of March 17, the amount of individual housing loans in Beijing has continued to fall, and reached a new low in June. In June, the city's banking financial institutions issued 15.846 billion yuan of personal housing loans, down 8.075 billion yuan from 23.921 billion yuan in March, down 33.75%, a new low since the March 17 New Deal.
Jiang Ping, deputy director of the Beijing Banking Regulatory Bureau, said that Beijing's banking industry has strictly implemented various new policies and achieved remarkable results in policy regulation. "In the next stage, the Beijing Banking Regulatory Bureau will continue to supervise the banking institutions under its jurisdiction to strictly implement Beijing's real estate regulatory policies, continue to carry out special inspection of real estate-related businesses, and strengthen supervision and law enforcement."
On March 17, this year, a joint multi-sectoral issue was issued to increase the down payment ratio of non-ordinary residential buildings while subscribing to houses and loans. At the same time, it was requested to suspend the issuance of personal housing loans (including housing provident fund loans) for more than 25 years (excluding 25 years). In the following month, the Beijing Banking Regulatory Bureau, together with the relevant departments, issued a series of policies, including restricting "false divorce", restricting the purchase of commercial housing, anti-money laundering policies in the real estate market, blocking market speculation in an all-round way, and cooling down the real estate market.