Industry trend: the second-hand housing guidance price landed a year, volume price fell significantly, 22 will pick up?

2022-05-16 0 By

February 8, 2021, Shenzhen second-hand housing reference price release mechanism was born, and continue to play a powerful.In the blink of an eye, a year has passed.So, in the second – hand housing guidance price mechanism landing this year, how does shenzhen property market performance?Let’s take a peek through the latest data released by shenzhen Housing And Construction Bureau. In January 2022, the transaction volume of second-hand commercial housing in Shenzhen was 230,500 square meters (2,019 units), down 64.38% year on year.Among them, second-hand residential transactions were 147,300 square meters (1,557 units), down 75.04% year on year, less than a quarter of shenzhen’s second-hand residential transactions in January 2021.That means monthly resale sales in Shenzhen are down from an annual low of 1,605 units in October 2021 and the lowest in nearly a decade.And in this year’s Spring Festival week (January 31 – February 6), Shenzhen second-hand housing turnover only 1 set, in addition to the holiday effect has a relationship, and second-hand housing guidance price mechanism is also not unrelated.When shenzhen’s second-hand housing turnover significantly declined, the second-hand housing prices are also reduced to varying degrees.According to data released by the National Bureau of Statistics on changes in the sales prices of commercial housing in 70 large and medium-sized cities in December 2021, shenzhen’s second-hand housing prices fell by 0.4% month-on-month, the biggest drop among first-tier cities, and have fallen for eight consecutive months.This shows that the second – hand housing guidance price mechanism is powerful.Up to now, 15 cities including Shanghai, Shenzhen, Chengdu, Dongguan, Wuxi, Xi ‘an, Shaoxing, Ningbo, Jinhua, Quzhou, Guangzhou, Sanya, Wenzhou, Hefei and Beijing have issued guidance prices for second-hand houses. The property market, especially the second-hand house market, has been greatly affected by this mechanism.The main phenomena under the guiding price mechanism of second-hand houses have been the simultaneous decline of transaction volume and price, the sad life of real estate agents, the strong wait-and-see mood of buyers and sellers, and the quiet withdrawal of investors.In addition, major real estate agent platforms such as 58.com and Anjuke have also made corresponding adjustments, only listing prices, not listing prices.The reference price of second-hand houses is not only to draw a psychological bottom line for buyers and sellers, but also to reduce leverage and cut off speculation driven by the rising price of second-hand houses.This is because the cities that have issued the guiding price mechanism of second-hand houses almost all take the guiding price as the bank lending standard, which has a more obvious cooling effect on the market. It also provides reference and guidance significance for other cities that have not implemented the guiding price or have not implemented the guiding price to a relatively loose extent.In terms of the market, 58 Juju Room Production Research Institute analysis, with the buyers and sellers of wait-and-see situation will further ease, with the digestion of the early policy, the market listing volume will steadily increase, the listing price is closer to the actual transaction price, the buyer will accelerate the pace of entering the market, the transaction process friction reduced, driving the volume of recovery.At the same time, the credit end of just need and reasonable improvement of housing support, will further adjust the “house and loan” standard, and shorten the loan cycle.In some first-tier and second-tier cities, the turnover of old houses into new ones will be further accelerated, forming a linkage.With the implementation of the three-child support policy, the choice of selling small to buy big will become a trend in some cities with a low housing price base.It can be predicted that in 2022, more cities will follow up and implement the guiding price mechanism of second-hand housing, which will further promote the benign cycle and healthy development of the second-hand housing market under the environment of “stability”.