China News Service, Beijing, December 1 (Reporter Pang Wuji) Cao Jingjing, research director of the Index Division of the China Index Research Institute, said at a real estate situation analysis meeting on December 1 that from January to November this year, the price of newly built residential buildings in 100 cities increased by 3.19. %, an increase of 0.28 percentage points over the same period last year, and the cumulative increase has exceeded the same period last year.

Data map: Aerial photography of a real estate in Yuhuatai District, Nanjing.

Photo by China News Agency reporter Yang Bo

  From a regional perspective, the property market in the Yangtze River Delta region is still hot, and the cumulative increase in new house prices is leading.

From January to November 2020, the price of new houses in the Yangtze River Delta urban agglomeration has increased by 4.96%.

Among the top 20 cities with the cumulative increase of newly built residential buildings in 100 cities, cities in the Yangtze River Delta accounted for 12 of them. Among them, cities such as Hangzhou, Jiaxing, and Shaoxing had higher cumulative housing prices.

  On the same day, the agency released a real estate price index report in 100 cities, showing that in November, the price of newly built residential buildings in 100 cities rose by 0.32% month-on-month, which was 0.08 percentage points lower than the previous month.

The real estate market continued to recover, but the rate of recovery has slowed.

  Changes in the transaction volume of commercial housing in key cities also reflect this trend.

According to data released by the Chinese Academy of Sciences, from January to November this year, the average monthly transaction area of ​​commercial housing in 50 key cities was about 30.44 million square meters. The market size is still at a low level in the past five years, but the year-on-year decline has narrowed to about 2%.

  Cao Jingjing said that since May this year, the transaction area in key cities has continued to maintain a year-on-year positive growth trend. At present, the absolute level of commercial residential transaction volume is close to the average level of the previous three years, and the market continues to recover.

In November, according to preliminary estimates, the transaction area of ​​commercial housing in 50 cities was about 36.6 million square meters, a year-on-year increase of about 9%.

  Cao Jingjing believes that the overall performance of the real estate market this year has exceeded expectations.

As the impact of the epidemic faded, improvements on the supply side led to a rapid recovery of transactions.

  Looking forward to the future, the Chinese Academy of Fingers said that the regulation of the property market will remain strict, and that local governments will continue to deepen their policy-based policies under the policy of the "three stability" goals to ensure the stable and healthy development of the real estate market.

During the year, under the pressure of the full-year sales target, real estate companies were still more motivated to launch sales. Price cut promotions and rush to collect performance to promote payment will continue, and some urban markets with better fundamentals will remain active.

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