China News Agency, Beijing, January 15th (Reporter Pang Wuji) In December 2020, the sales prices of commercial residential buildings in 70 large and medium-sized cities in China showed a trend of steadily increasing slightly.
According to data released by the National Bureau of Statistics of China on the 15th, in December last year, among the 70 large and medium-sized cities across the country, the price of newly built commercial housing in 42 cities rose month-on-month, 6 cities remained flat, and 22 cities fell.
Data map: Aerial photography of a real estate in Yuhuatai District, Nanjing.
(Image and text irrelevant) Photo by China News Agency reporter Yang Bo
That month, the number of cities where the price of new homes rose month-on-month increased by 6 compared with the previous month.
Chen Xiao, an analyst at the Zhuge Housing Data Research Center, believes that at the end of 2020, the number of cities where the price of new houses has risen in 70 cities has broken the previous five-month decline, but it is still at a historically low level.
From the perspective of the average increase in housing prices, Yan Yuejin, research director of the Think Tank Center of E-House Research Institute, pointed out that in December last year, the average price index of newly built commercial housing in 70 cities across the country increased by 0.1% month-on-month and 3.7% year-on-year. The month-on-month increase was slightly expanded, but , The year-on-year growth rate has shown a narrowing trend for six consecutive months, and the increase in house prices is controllable.
Housing prices in first-tier cities are relatively strong.
The month-on-month growth of new homes and second-hand homes both expanded by 0.1%.
Sheng Guoqing, chief statistician of the City Department of the National Bureau of Statistics, pointed out that in December, the prices of new houses in Beijing, Shanghai and Guangzhou rose 0.3%, 0.2% and 0.7%, respectively, and Shenzhen fell 0.1%.
In the same month, the sales price of second-hand housing in first-tier cities rose by 0.6% month-on-month, and both Beijing, Shanghai, Guangzhou and Shenzhen rose to varying degrees.
Xu Xiaole, chief market analyst of the Shell Research Institute, pointed out that the price carry-over in December was mainly driven by the increase in housing prices in first-tier cities. This is a manifestation of the market price carried-over at the end of the year. The carry-over in 2020 is higher than in 2019.
According to data from the Shell Research Institute, the transaction volume of second-hand housing in four first-tier cities increased by 20.5% month-on-month in December, among which the monthly transaction volume in Guangzhou and Shanghai hit a new high since 2019.
The large increase in the price of second-hand housing in first-tier cities is related to the improvement of the market at the end of the year and the rotation of the housing exchange sector such as education resources.
Looking forward to 2021, Zhao Jinxin, a macro analyst at the China Minbank Think Tank, said that under the guidance of the long-term mechanism, the real estate industry will develop steadily, the sales of commercial housing are likely to remain high, and development investment will maintain steady growth.
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