Market fever fell second-hand house prices fell again

Market fever fell second-hand house prices fell again

After three consecutive months of decline, the average price of second-hand housing in Baicheng fell further in early December.

According to the latest “Annual Report on the Second-hand Residential Price of Baicheng” released by the agency Zhuge Housing Research Center, last week (December 3-9), the average price of second-hand residential houses in Baicheng was 15,136 yuan/square meter, down 0.54 points from the previous month. %, down 69 cities, with an average decline of 0.91%. The analysis pointed out that with the deepening of regulation, the popularity of the second-hand housing market continues to decline, and the demand market is returning rationally.

Nearly 70% of cities used second-hand house prices fell

According to Zhuge’s previous data, as of November, the average price of second-hand housing in Baicheng has fallen for three consecutive months. Zhuge looking for a room analyst pointed out that with the deepening of regulation, the second-hand housing market continued to decline, and the average price of listings fell for three consecutive weeks. According to the above report, the average price of second-hand housing in Baicheng last week fell by 0.54% from the previous week, and the decline expanded significantly. Among them, 69 cities fell, with an average decline of 0.91%; 31 cities rose, with an average increase of 0.51%.

Among them, Huizhou ranked first with a decline of 1.45%. After a few years of hot market speculation, Huizhou, known as the back garden of Shenzhen, has now become the “sleeping city" of the twin city life. Local people can’t afford foreigners who don’t want to speculate.

Relevant property market experts pointed out that the deepening of regulation and control is effectively squeezing out the speculative purchases that have been pouring in the early stage, and the demand market is returning rationally. Yuan Guiping, director of the Office of the Leading Group for the Supervision of the Real Estate Market in Huizhou City, and Yuan Guiping, the director of the Municipal Housing Management Bureau, also said that Huizhou insists on unsteady market regulation and will continue to promote the precision of regulation and control and maintain the stability and health of the market.

Sales as a whole in the down cycle

Not only the average price of second-hand housing in Huizhou was affected by the regulation and control policies, but also in similar cities such as Beijing and Guangzhou.

According to CCTV reports, a number of real estate brokers said that the government’s overall regulation of the property market and the introduction of relevant financial policies have led to a significant cooling in the second-hand housing market. The report pointed out that the price of second-hand housing in some areas of Beijing has been loose, and the second-hand housing market in Guangzhou in November was relatively sluggish.

According to Zhuge looking for housing data, the average price of second-hand housing in the whole city is generally down. In terms of city level, the average price of listed first-, second-, third- and fourth-tier cities continued to fall across the board, and second- and third- and fourth-tier cities fell the most. The average price of second-hand houses in first-tier cities was 57,633 yuan/square meter, and the average price fell by 0.46%. The average price of second-hand houses in second-tier cities was 18,541 yuan/square meter, down 0.56% from the previous month. The average price of second-hand houses in third- and fourth-tier cities was 10,692 yuan/square meter. , the chain fell by 0.55%.

For example, Yang Qinqin, a senior researcher at the Institute of Finance, said that from the demand side, the regulation of the real estate market is still relatively strict, and the sales of commercial housing are generally in a down cycle, and sales are not very optimistic.

Zhang Bo, chief analyst of the Housing Research Institute of Anju, believes that in 2019, the first-tier cities will show “price stability and decline”. The cooling of some hot cities in second-tier cities may accelerate, and it is not ruled out that some cities have more obvious fluctuations in house prices. But more second-tier cities will show a slow cooling trend.

First home loan interest rate brake

Since 2017, the unilateral rise in the national first-home loan interest rate has finally shown signs of braking in November this year.

According to the monitoring data of 360, the average interest rate of the first home loan in China was 5.71%, which was equivalent to the benchmark interest rate of 1.165 times, which was the same as that in October. The average interest rate of the first home loan in November last year was 5.36%, up 6.53%.

The data also showed that among the 533 banks in 35 cities across the country in November, 23 banks had the highest interest rate on the first home loan, accounting for 4.32%, which was 4 banks lower than last month; The interest rate of 15 banks (sub-banks) was reduced by 4, compared with 4 last month; the interest rate of the first-home loans of 494 bank branches was the same as that of the previous month, accounting for 92.68%.

Rong Zhi, a mortgage analyst at 360 Big Data Research Institute, believes that the first set of interest rates in the country was flat last month, and the growth rate was further reduced. The second set of interest rates fell. Based on the data of mortgage interest rates for the past three years, the difference between the first two sets of interest rates has experienced a steady trend from stable to expanded to stable and stable in the future.