The property market excited yet?

The property market signs of excitement it? Property prices rise or fall only this expectation, once again dominate the market sentiment? These should be the situation that the SAR government should assess and judge now.

In January 2018, Chief Executive Sherman Yam took office for just six months. The attached table shows the increase in property prices in the past six months. Compared with the rise of property prices of the former Chief Executive, Mr Leung Chun-ying, who took office for six months, both governments seem to have the same destiny. The cumulative increase in property prices in the first half of the year was lower than that of the Leung Chun-ying era, but both were also at record highs in monthly prices. In terms of rent increase, the increase in the age of Leung Chun-ying is also stronger.

Property prices to increase second-hand prices Qi Sheng

Of course, Mrs Lam’s term in office has already risen 64% over the previous month when Leung Chung-ying took over, and the rent is also 28% higher. Or it can be understood that the higher the property price, the greater the market power needed to achieve greater gains. The higher.

Why Tang Rong will ask the first two questions? The main reason is that as the past performance shows, if the property market is judged by the SAR Government as having the above situation, the demand management measures will be introduced to suppress the property prices. What is even more noteworthy is that the property price increase has accelerated in the recent months after it took office With the signs and drawings, since September last year, the monthly increase in property prices has continued to widen from 0.3% to 1.4% in December.

How to evaluate the industry? According to the Midland Property Report, since the publication of the new policy address in October last year, the property market has become clearer and the market has seen the emergence of broken top-down cases, driving the rise of property prices. The second-hand residential turnover in the fourth quarter of last year was estimated at an average of 4,450 cases a month, up from about 3,420 cases a month earlier in the third quarter of last year. The amount of rising trend. In the first months of 2018, property prices further climbed by about 1.5%, less than 1% from the third quarter of last year, while second-hand trading was still stable at 4,000 levels in the same period.

The upward trend in property prices has not changed. The figures show that apart from the seasonal peak season last summer, which caused the rent surge. In the past six months, the rent has been steadily rising monthly, bringing more or less property prices Further support.

If Super 2% Lam fight hard to escape?

In the past, it has been mentioned many times that government outbursts are mostly based on the property price index of the Rating and Valuation Department. As long as two consecutive months, the monthly increase of more than 2% represents a sharp rise in property prices. In particular, small and medium-sized As property prices skyrocket, the government will have a very good chance of moving to curb the property market. This will include a sharp monthly increase in property prices from August to October 2012, January to February 2013 and August to October 2016 respectively Hong Kong government moves.

Of course, new personnel and a new style of work will not necessarily comply with this rule. As property prices continue to rise, the SAR Government has seen no action for the time being but can only observe whether property prices will increase in a row for a period of two to three consecutive years. Month touched 2% level, it really is time to see the real chapter.

However, Tang Rong also mentioned in the past that after reunification, successive Chief Executive Tung Chee Hwa, Tsang Yin-kuang and Leung Chun-ying all escaped to curb property prices. Has not Lin avoided it?