Private house price index rose 16 liters continued to shrink Lin Zheng: policy report account for the views of housing policy
Private residential property prices rose more than a few months, the upward trend was weak, the Rating and Valuation Department (hereinafter referred to as the estimated department) yesterday announced the latest property price data, in July this year, private residential price index reported 336.8, up 16 Month, but also for nine consecutive months break; but the monthly increase of only about 0.09%, is the smallest monthly increase of 16 months. For the property price index, the Chief Executive, Mrs Carrie Lam, said that it was clear that the public would most like the Government to solve the housing problem and will explain her views on housing policy when it published the Policy Address in October this year.
Small and medium-sized households driven for 9 consecutive months high
According to the latest data from the Department, the private housing price index has risen for 16 months since March 2016, with a cumulative increase of about 24.1%, including a record nine months since November last year, %. However, the monthly increase from 2.74% in April this year, for three consecutive months narrowed, the latest only slightly increased by 0.09% month.
The rally of property prices is driven by small and medium-sized units, with a usable area of 1076 square feet or less of small and medium-sized units, the latest reported 338.8, up 0.09% monthly, the same rise for 16 months, for nine consecutive months break; As for the practical area of 1076 square Foot or more large units, then break for seven consecutive months, the latest reported 296.5, up 0.07% monthly. Private residential rent index continued to rise, the overall index of the latest newspaper 183.2, up 0.16% monthly, even up 8 months, the index for five consecutive months of high marks.
Private residential property prices have risen more than that. During the meeting with the media in Shenzhen yesterday, the Government said that the Government would do its utmost to respond to the expectations of the public home and look forward to the first “policy address” in October. Her views on housing policy.
Mrs Lam pointed out that “the provision of land to supply more housing to meet the demands of the public is the need for land supply.” The Land Supply Task Force, which was recently announced, will commence work immediately. For the criticism, the composition of the task force is not wide enough, and Mrs Lam responded that 22 non-official members of the group were professionals who did not “shut the door themselves with their own debates” And stressed that in the preparation of the task force, it was not entirely from the point of view of whether or not to use the country park land.
The Land Task Force is not behind closed doors
Lin Zhengyue visited the sea bauhinia garden yesterday, Shenzhen and Hong Kong Innovation Center and other facilities, but also with the Shenzhen Municipal Party Committee Secretary Wang Wei afternoon luncheon, and visit Huawei Technologies Co., Ltd., as well as in the Nanshan Shenzhen Hong Kong youth innovation and entrepreneurship base. Lin said that there is confidence that Shenzhen-Hong Kong cooperation can take a new step and attach importance to the participation of young people in Hong Kong’s creative and creative industries.
For the property price index slowdown, Midland Realty property analyst Liu Jiahui said that the first half of this year, housing prices rose significantly, part of the prospective buyers recently chase weak, turn to wait and see, so that the property market in the high consolidation. According to the statistics of the “price chart” of 100 small and medium-sized estates in Hong Kong, the average selling price of the area in August is about $ 11,800, which is the first drop of about 6 months. 0.1%. Mr Lau has estimated that the economic situation in Hong Kong has improved as the market is expected to raise interest rates on the US and raise interest rates.
Ji Wenliang Chief Executive Officer Tang Wenliang pointed out that property prices rose month by month, mainly because the owners holding strong, so that second-hand turnover is declining, the situation is not healthy, and believe that property prices rose slightly, indicating that property prices is difficult to continue. He reminds investors that once the owner’s ability to hold or weaken the economy, the volume will increase and property prices will be adjusted downward.
Xindi (00016) deputy director of the Thunder that the secondary market by the property market measures and trading volume is not much, the property price index for reference, he expected the overall property prices will be stable development.