More than half of the public estimated that the property price fell in the coming year
Citibank announced the survey on the intention of the public in the fourth quarter of this year. Among the 500 respondents (nearly half of the owners), 57% believed that property prices would fall in the next 12 months, up from 29% in the third quarter and the same period last year. 10%.
Sixty percent of the unfamiliar family is still difficult to get on the bus for ten years
Lin Zhigang, general manager of Citibank Hong Kong, said that the economic environment is uncertain and the rate hike cycle is just beginning to turn the market sentiment. In the past, the property market has adjusted several times, and the respondents have “estimated the accuracy", although the property price is expected to rise. The actual uptrend is slightly lagging behind, but it is estimated that the decline in property prices is quite clear. He believes that property prices will fall by 10% to 15% from the high level next year, and then renewed support.
In terms of home ownership, 18% of respondents said they were very interested or interested in buying a home, and the proportion did not change significantly. According to the survey, the number of people who had a squatter in the past month was 374,000, a decrease of 19% from the third quarter, but only 1% year-on-year.
Lin Zhigang believes that the number of people in the fourth quarter will be reduced. In the whole year, the number of people in the building is still less than last year. However, it is not possible to determine whether the property market is turning. This is subject to a clearer interpretation after the first quarter of next year. .
In addition, the proportion of respondents who think that they are not a good time to buy a home is down from 74% in the third quarter to 67% in the fourth quarter. It is still the majority; it is considered to be a good time to buy a home by 2% in the third quarter. Increase to 4% in the fourth quarter.
Among the unemployed people, 63% said that they have not been able to buy their own homes in the next 10 years, and 45% prefer to use the money for outings and meals, and will not save the first period.
On the other hand, according to the “Investment Survey of Home Ownership" in the fourth quarter of this year, more than 60% of the respondents were bearish on the market. 22.4% of them estimated that property prices will fall by 5% to 10% in the next 12 months, and 21.8% believe that they will fall. Within 5%, it is considered that the decline is more than 10%, accounting for 20.2%; it is expected that the property price will be stable at 19.6% in the next 12 months, and 15.9% in the market outlook.