Tracking changes in housing market volume, 16% decline to more than 60% in February, political events and trade impacts

Political events have been fermented since June, and there have been no signs of calming

The Sino-US trade war has deteriorated in the past two months, and the secondary market has been directly affected. The newspaper tracked the volume of 20 large housing estates in the past two months, showing a large Some of the estates have fallen, ranging from 16% to over 60%. The Kingswood Villas in Tin Shui Wai have only recorded about 15 cases so far this month, which is about 32 cases in June and July.

Since June, the political turmoil has triggered a series of large-scale social movements, and the economy is also facing downward pressure. In addition, due to the intensified trade war between China and the United States, the number of transactions in multi-district housing estates has decreased significantly, and at the same time, price reductions have occurred. All under pressure. According to the statistics of the newspapers, the turnover of over 20% of the 20 estates in June has dropped significantly. The North Point City Garden and Tai Kok Tsui Wan Wan Estate have recorded zero transactions during the month.

Half of the turnover of Kingswood is only 15 this month

The Kingswood Villas in Tin Shui Wai, which is a popular boarding estate in the New Territories, recorded 32 transactions in June and July. The number of transactions in this month was only 15 and fell by 53% month-on-month. The transaction price also fell. The price of the price was 11,279 yuan. The price of the transaction last month was about 11,140 yuan. The price of the transaction in this month continued to fall, at 10,584 yuan, down 5% month-on-month, and was about 6.2% lower than that in June.

The first city in Sha Tin has recorded only 13 transactions so far this month. The average price is 17,000 yuan, compared with 18 cases in June. The average price is 17543 yuan, down 27% and 3.1% respectively. The new capital of Tseung Kwan O has recorded 5 transactions so far this month. The average price was 17 million, compared with 13 in June. The average price was 17762 yuan, down 61% and 14.3% respectively.

The price of the boarding house has fallen

The transaction price of the top-selling hotspots has dropped sharply. The Taikoo Shing in Quarry Bay recorded 8 transactions in June. It rose slightly to 9 transactions last month, but fell to 4 this month. In June, the transaction price was 22,379 yuan, which fell to 20,862 yuan last month. The latest transaction price fell below 20,000, which was 19,800 yuan, down 5.1% month-on-month. At the same time, the price of the Haiyi Peninsula in Ap Lei Chau has also fallen. The housing market recorded a total of 11 transactions in June. This month, 8 transactions were recorded. The transaction volume fell by more than 70% compared with that in June. To be obvious, the price of the transaction in June was 18,306 yuan, and the price of this month’s transaction was 16,500 yuan, a sharp drop of nearly 10%.

Taikoo City only recorded four transactions

The transaction volume of some estates remained stable. The transaction price also recorded a slight increase. Among them, Licheng Garden in Tsuen Wan recorded 3 transactions in June. It rose to 7 transactions last month. It was temporarily recorded 4 times this month, compared with June. It rose, and the price of the transaction in June was 12,110 yuan. It rose to 12,528 yuan in July. It rose to 12,255 yuan this month, an increase of about 1.2% from June.

Chen Chaoguo, managing director of Savills Valuation and professional consultants, said that there has been no solution to the social instability in recent months, and even worsened, the market buyers are more cautious; the transaction in the upper-middle-price housing estates is obvious. The price is on the decline. It is believed that middle-class buyers are more sensitive to political events and economic factors. They are worried about the volatility of the market and the desire to enter the market. The attitude of the owners is more urgent, and both the volume and the price of the goods have fallen. The original transaction volume of the second and third tier housing estates was not large. Some buyers turned to the small and medium-sized units in the market because they were worried about the prospects. This led to some new high-level transactions in some housing estates, which led to higher prices.


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