Xiaoyangchun in the property market Is it true or false?

Whether there is Xiaoyangchun in the property market has recently become a hot topic in the market. Some people think that Xiaoyangchun has arrived. Some people think that only some housing estates have completed adjustments. If there is no comprehensive recovery, it is not considered Xiaoyangchun.

The market has different definitions of “the property market Xiaoyangchun”, and the views on the property market are naturally different. However, Tang Rong believes that the trend of the second-hand property market has changed significantly in recent days. Apart from the controversy of “Xiaoyangchun”, it is believed that the worst situation of the second-hand property market has passed, and the property prices and transaction volume have returned to the conditions of resilience.

The worst case of second-hand has passed.

In the past few months, the trading volume of the second-hand market has shrunk sharply. The main reason is that prospective buyers are expecting property prices to fall sharply and their purchase intentions will drop sharply. However, in recent days, the second-hand market has begun to appear in many cases that occurred in the market. For example, a 507-square-foot two-bedroom unit in 30 Park Island, last week, changed hands with 5.85 million yuan. The buyers and sellers negotiated until 4 am to reach an agreement. It is obvious that the buyer’s intention to enter the market is quite determined. Secondly, a 703-square-foot 3-bedroom unit in Block 11 of Lijing Bay, Tsing Yi, the owner originally called the price of 9.5 million yuan. Last weekend, the counter price was 100,000 yuan, sold for 9.6 million yuan, reflecting that the prospective buyer is no longer before entering the market. The price is only willing to buy a building.

In addition, the low-rise two-bedroom unit of Yingwan Park in Tung Chung has an area of ​​470 square feet. The purchaser has decided to purchase 5.9 million yuan for less than 24 hours. The price is 12,553 yuan. The price is the highest in the housing market for nearly 4 months. , reflecting the buyer’s intentions have significantly improved.

In addition, Fang has indirectly recorded a number of sizzling transactions, such as a 1 bedroom unit owner in Block 2B of Donghuan. At the beginning of this month, the unit was sold at 5.3 million yuan, and the next day was 6 million yuan, which purchased a 461 square foot in the same seat. Two-bedroom units; it can be seen that the confidence of the owners in the prospects of the property market is obviously enhanced. It is no longer the time after waiting for the high price of today’s goods, and the property prices have fallen sharply.

In addition to the user market, investor confidence has also improved. For example, last week, investors swept into 20 units in Kwun Tong Kai Fong with 247 million yuan, the largest case in the past two years.

10 big housing estates have increased by 70% this month

The above-mentioned cases can reflect the change in the mindset of prospective buyers and wait and see that property prices have bottomed out, thus speeding up the decision to enter the market. Is the market a lot of such prospective buyers? From the number of weekend bookings in the 50 estates in the property, the number of people willing to move out of the building has increased. The first weekend of this month reported 1,280, up to 3% in the past weekend. In January 2018, when the second-hand market rushed to the Xiaoyangchun before the Lunar New Year, the 50 largest housing estates made an appointment to count 1,615 groups. According to this calculation, according to the current 20%, there is a chance to reach the city of Xiaoyangchun. bottom.

According to the Land Registry, the number of second-hand building registrations has fallen since June last year, from 4,976 in May to 1,909 in December last year, which is the 34-month low since February 2016. In January, the number of registrations was 1,972, and this month has already re-raised 2,100. Since the actual market turnover this month is mostly reflected in the registration volume next month, it is expected that the second-hand registration figures will rebound rapidly in February. Comparing the volume of the 10 major housing estates, more than 170 transactions were recorded for the month, a sharp increase of 70% compared with December. It is expected that the second-hand registration volume will have the effect of Xiaoyangchun next month.