Up to three transactions in the top ten housing estates on weekends

The sound of second-hand property market price reductions has been rising and falling, and the market is filled with pessimism, which keeps trading volume low. The Central Plains Property’s Top Ten Housing Estates had only one transaction in the past two days, which was flat by week.

Chen Yongjie, vice president and head of the residential division of Centaline Property Asia, said that due to negative news such as interest rate hikes and stock market volatility, property prices continued to fall, and buyers’ pessimism was pervasive. Even if they were sent out, they also had insufficient confidence in entering the market; The landlord’s price reduction did not reach expectations, so many buyers turned to rent, waiting for the opportunity to enter the market.

The bank recorded the top ten housing estates in the weekend and only one sale was recorded at Kornhill Garden, Quarry Bay.

Watching trade war experts sing down

Liao Weiqiang, president of Lijiage Real Estate, said that although the Sino-US trade war may have a turnaround, everything has yet to be negotiated, and buyers are still adopting a wait-and-see attitude. In addition, many experts have recently shunned the property market, further deterring buyers and weakening market entry. . In the past two days, the Top 10 Index Estates only recorded two transactions. Although it was one more than the previous weekend, it still failed to get rid of the extremely low level of “one case and two stops”. .

As for the top ten blue-chip housing estates in the United States, there were about three transactions on the weekend. Although they rose two times per week, they continued to be low. Only one single-digit transaction was recorded every weekend for about four months.

Bu Shaoming, chief executive of the Midland Real Estate Department, said that the US mid-term elections are just around the corner, the external economic trend is repeated, the property market is watching the atmosphere, the pressure on property prices is increasing, and second-hand transactions continue to be low.

Although many prospective purchasers intend to enter the market to “sweep the goods”, unless the second-hand owners increase the price range; otherwise, short-term second-hand trading is still difficult to significantly improve.