the fundamentals have not changed

the fundamentals have not changed. The estimated property price has increased by 12%.

Sino-US trade disputes reappeared. Shi Yongqing, founder of the Central Plains Group, estimated that the market may turn to wait in the short term, but the fundamentals of the property market have not changed, so the annual property price is expected to rise by 12% to 15%.

Shi Yongqing said that US President Trump suddenly announced that he would raise the tariff of 200 billion US dollars of Chinese imports from Friday, which has a greater impact on the stock market than the property market. He believes that the tariff increase this time has just changed from the last trade war. The trade contradictions between China and the United States were first exposed, and the market was more worried about the economic prospects. On the contrary, this time it was just a means of negotiation before Trump’s talks. The purpose was to “make a lot of chips” and believe that the tariff would actually be increased to 25%. The chance is not big. With the current basic factors unchanged, the property market is expected to rise by 12% to 15% for the whole year.

Scholars refer to the use of households to determine the ability to contribute

However, Shi Yongqing mentioned that since the trade war has not yet been resolved, the short-term will inevitably affect the market sentiment. “Buyers will be cautious.” In particular, the investment intentions of luxury home buyers will drop significantly. “There is a rush to live in the city. Demands are so high, and luxury home buyers are more sensitive to asset market news and are more affected. I believe that in the next two or three days, the second-hand market will turn quiet, and trading will even have a chance to fall by half.

Bu Shaoming, chief executive of the Midland Real Estate Department, stressed that the property market has already bottomed out, and it is difficult to see a sharp adjustment last year. In the short term, second-hand or subject to high disk prices and high asking prices may have a short wait-and-see attitude; the first-hand market is based on multiple new Recently, the market has been waiting for the market, and the market is just waiting for it. The pace of developers’ pushes will not slow down significantly. If the price is kept on the market, it is expected to continue.

Mr. Mai Cui-cai, associate professor of finance and decision-making at Baptist University, also said that the current purchasing power of the property market mainly comes from users. Whether it will enter the market depends on its ability to contribute. Although the trade war continues to affect Hong Kong’s foreign trade performance, it does not imagine the overall economic impact. The CUHK has not had much impact on the public’s ability to contribute. “If there is a job, I believe that there is a need (the general public) will buy (the building)”, but in the short term there will inevitably be a slight psychological impact and turn to the sidelines. The main reason is that “there is a chance to buy a flat.”