In November, the overall price of the 100-city property price dropped into the adjustment channel, and the zero-premium homestead increased.
Driven by factors such as vacant monetary resettlement and demand spillovers, the property market in the third- and fourth-tier cities that had been “fired" last year showed signs of adjustment in recent months.
According to the 100-city price index report released by the China Index Research Institute on the 6th, in November, 31 of the 100 monitored cities in China fell in new residential prices, and the number of falling cities increased by 12 from October. Among them, the price adjustment range of the third- and fourth-tier cities is the widest, and the number of falling cities has increased by 9 to 21 compared with October. The prices of over-three-three-three-tier cities are adjusting.
The third- and fourth-line cities fell back obviously
Judging from the average price of new houses in various cities, the third- and fourth-tier cities also showed obvious narrowing of the increase. The data shows that in November, Shanghai, Guangzhou and Shenzhen property prices were loose in first-tier cities; the average price of new homes in second-tier cities rose by 0.52% from the previous month, narrowing by 0.03 percentage points from October’s increase, including Xiamen, Jinan and Lanzhou. It fell in two months; the third- and fourth-tier cities rose by 0.35% from the previous month, narrowing by 0.28 percentage points from October, and the narrowest range was the most significant among all types of cities.
Overall, the price of Baicheng Building also showed a cooling trend. According to the report, in November, the average price of new residential buildings in Baicheng was 14,641 yuan per square meter, up 0.27% from the previous month. The increase was nearly 0.2 percentage points lower than that in October, and the decline was more obvious.
There are also obvious signs of cooling in the national land market. On the one hand, the number of land is increased. According to the statistics of the Central Committee, from January to November 2018, a total of 618 residential plots were collected in 300 cities across the country, with a total planned construction area of 75.29 million square meters, which is about 2.3 of the total planned construction area of the auction in 2017. Times.
Land transaction continues to fall
On the other hand, the land transaction premium rate continued to fall, and the zero-premium homestead increased. The data shows that there are 12,828 plots of zero-premise land for residential land use in the country, accounting for 57.3% of the total number of plots sold, an increase of 2 percentage points over the same period last year.
According to the analysis of the Central Index Institute, on the whole, the multi-dimensional supervision of the market demand side, supply side and financial side continued to advance, the control effect continued to steadily, the market expectation turned, the real estate market continued to enter the adjustment channel, and the first-tier city property prices also experienced After a long period of time, the company will take the lead in entering the adjustment. It is expected that the overall real estate market will be further under pressure in the future; the internal market cycle of second-tier cities will be relatively moderate, and the overall market adjustment will be relatively moderate; and the support of most ordinary third- and fourth-tier cities in each line will be supported. The foundation is the weakest, and the pressure it faces in the market adjustment cycle is more severe.