Double supply and demand, housing prices rebounded slightly in March

In March 2019, the property market in some parts of China showed a slight recovery.

According to data released yesterday by the China Federation of Science and Technology Research Institute, in March 2019, the average price of residential buildings in China’s 100 monitored cities (new) was 14,759 yuan per square meter (RMB, the same below), up 0.24% from the previous month, and the increase was 0.14% from the previous month. Percentage points. In terms of the number of cities in the ups and downs, in the 100 cities, the prices of 62 cities increased by the month, 36 cities fell from the previous month, and the two cities were the same as last month.

Although the average price of residential properties in Baicheng has increased slightly, the price change in most cities is still within 1%.

Some analysts pointed out that the small rebound in housing prices in the 100 cities was related to the double rise in supply and demand in March. In March, the pace of real estate developers’ sales was significantly accelerated, and the supply of key cities has rebounded. On the demand side, the market’s overall deconstruction effect is better, and the overall transaction volume of key cities has rebounded.

Looking into the future, the China Federation Research Institute believes that the main tone of the property market regulation remains stable. In the future, under the premise of ensuring the stable operation of the real estate market, local governments will continue to adhere to the “house is used to live, not for speculation” positioning, implement the city’s main responsibility, adhere to one city and one policy, and maintain the property market regulation policy. At the same time of continuity and stability, combined with the actual situation of the urban market, the policy mix will be optimized, and the real estate market will maintain a stable running trend.