In the first half of the year, the price of new houses in China’s 100 cities increased by 1.27%, the lowest increase in the same period in the past 5 years.

　　China News Agency, Beijing, July 1 (Reporter Pang Wuji) According to data released by the Central Finger Research Institute on the 1st, in the first half of 2020, the price of new residential buildings in 100 cities in China rose by a cumulative 1.27%, the lowest increase in the same period in the past five years.

　　The data shows that in June 2020, the average price of new residential buildings in 100 cities in China was 15,461 yuan per square meter, a month-on-month increase of 0.53%, an increase of 0.22 percentage points from the previous month. As the property market continued to recover, the price data of Baicheng's housing prices has been "negative to positive" since March, and in the following three months, the increase has slightly expanded month by month.

　　Analysts believe that in June, housing companies accelerated their push to sprint mid-year performance, and the overall push volume in key cities increased from last month. At the same time, market transactions in most cities have gradually resumed, and some cities have introduced policies such as housing subsidies for talents to further release housing demand.

　　Huang Yu, executive deputy director of the Central Finger Institute, pointed out that in the first half of the year, the price of new houses in Baicheng rose by 1.27%, the lowest increase in the same period in the past five years.

　　In the first half of the year, the prices of new houses in the first-tier cities remained stable at a high level, with a cumulative increase of 1.99%, which was the first increase in each line. In the third and fourth lines, the cumulative increase was 0.58%, which was 1.23 percentage points lower than the same period last year.

　　From the perspective of various urban agglomerations, the Yangtze River Delta is outstanding. In the first half of 2020, the price of newly built houses in the Yangtze River Delta region has increased by 2.72%, a significant increase from the same period last year; the Pearl River Delta has increased by 0.46%, which is the lowest in the same period in the past five years; Beijing, Tianjin, Hebei and Shandong Peninsula have fallen by 0.39% and 0.06%, the first decline in the past five years. The recovery of the property market in the Yangtze River Delta is relatively obvious, and the cumulative gains of Wenzhou, Shaoxing, Shanghai, and Hangzhou are all in the forefront of the 100 cities.

　　Huang Yu told reporters from China News Service that the impact of the epidemic on the Chinese property market was short-lived. In the first half of the year, real estate markets in various regions recovered faster than expected. It is expected that the recovery of the real estate market will continue in the second half of the year, but the epidemic situation is still the main factor leading to market uncertainty. (Finish)