In December 2020, the real estate market prices in 70 large and medium-sized cities have risen steadily and slightly-the


　　trend of housing price differentiation will be clearly regulated and will be further refined

　　Our reporter Kang Shu

　　On January 15, the National Bureau of Statistics announced the changes in residential sales prices in 70 large and medium-sized cities in December 2020.

According to Sheng Guoqing, chief statistician of the City Department of the National Bureau of Statistics, in December 2020, the real estate market prices of 70 large and medium-sized cities have risen steadily.

　　Data show that in December 2020, the sales price of newly built commercial housing in four first-tier cities rose by 0.3% month-on-month, an increase of 0.1 percentage point from the previous month; the sales price of second-hand housing rose by 0.6% month-on-month, an increase of 0.1 percentage point from the previous month .

The sales prices of newly built commercial housing and second-hand housing in 31 second-tier cities both increased by 0.1% month-on-month, the same as the previous month.

The sales prices of newly built commercial housing and second-hand housing in 35 third-tier cities rose by 0.1% and 0.2% respectively from the previous month, the same as the previous month.

　　With the release of monthly data, changes in the property market throughout 2020 are also clear at a glance.

Judging from year-on-year data, the annual price increase of newly-built commercial residential buildings in the four first-tier cities in 2020 will be in single digits.

Compared with December 2019, Beijing rose 2.3% year-on-year, Shanghai rose 4.2% year-on-year, Guangzhou rose 5.2% year-on-year, and Shenzhen rose 4.1% year-on-year.

　　In this regard, industry experts said that compared with the past years when housing prices have frequently risen by several tens of percent, the price increase of new houses in first-tier cities in 2020 is not too large, indicating that the property market in first-tier cities has achieved steady development in 2020.

　　However, it is worth noting that housing prices in big cities represented by first-tier cities are still generally high, there are problems such as insufficient supply, and the supply structure needs to be improved.

In this regard, the Central Economic Work Conference to be held at the end of 2020 made it clear that the prominent housing problems in big cities must be resolved.

　　At the same time, in the 70 large and medium-sized cities, the price of newly-built commercial housing will fluctuate in 2020, showing a more obvious differentiation.

In terms of rising cities, Yinchuan, Tangshan, and Xuzhou ranked the top three with increases of 14.2%, 11.2%, and 10% respectively.

In terms of declining cities, Beihai dropped 3%, Anqing dropped 2%, and Changde dropped 1.4%.

Experts said that from the perspective of rising and falling, the real estate market in most cities has achieved steady development.

　　The Minister of Housing and Urban-Rural Development Wang Menghui said that in 2020, my country will steadily implement a long-term real estate mechanism plan, implement policies and classified adjustments for cities, strengthen financial and land policy linkages, and standardize the development of the housing rental market.

Thanks to the efforts of all parties, the real estate market has maintained stable operation and basically achieved the goal of stabilizing land prices, housing prices, and expectations.

　　In 2020, what changes have taken place in the second-hand housing market?

　　In the first-tier cities, in December 2020, the prices of second-hand housing in Beijing, Shanghai, Guangzhou, and Shenzhen increased by 6.3%, 6.3%, 7.5%, and 14.1% respectively over the same month in 2019.

Among them, the annual growth rate of second-hand housing in Shenzhen was significantly higher than the other three first-tier cities.

　　At the beginning of 2020, Shenzhen's property market showed a trend of overheating. In July, Shenzhen's multiple departments jointly issued the "New Shenzhen Eight Regulations" on the property market, which played a role in quickly suppressing the overheating trend.

However, in the fourth quarter, Shenzhen once again saw many home buyers rushing to buy new high-priced properties.

In this regard, experts said that the regulation and control of the property market still needs a long time to work, and multiple measures must be taken to lay out the policy "patches."

　　Among the 70 large and medium-sized cities, Shenzhen ranked first in second-hand housing price increases throughout the year; Ningbo, Yinchuan and Xuzhou rose 8.5%, Tangshan rose 8.3%, Chengdu rose 8.2%, Xining rose 7.9%, and Shenyang rose 7.8%.

　　At the same time, 26 cities experienced price drops.

Among them, Mudanjiang fell 10%, Nanchong fell 5.4%, Tianjin fell 4%, Zhengzhou fell 3.6%, Guiyang and Beihai fell 3.5%, Taiyuan and Luzhou fell 3.1%, and Harbin fell 3%.

　　In addition to the 70 large and medium-sized cities included in the statistics of the National Bureau of Statistics, the changes in housing prices in some other cities are also worthy of attention.

For example, the housing prices in Dongguan City, Guangdong Province in 2020 are among the top growth rates in the statistical data of multiple institutions.

However, netizens call the prices in some cities the "cabbage price". According to reports, individual properties in cities such as Hegang in Heilongjiang and Fuxin in Liaoning are priced below 1,000 yuan per square meter.

Compared with its high point, housing prices in cities such as Langfang have dropped significantly.

　　Looking forward to 2021, the positioning of "housing and housing not speculating" will continue to be maintained.

The real estate financial control measures introduced in response to the excessive leverage of real estate companies will gradually show their policy effects and play an important role in preventing excessive capital inflows into the real estate market and preventing financial risks.

The real estate control measures will be further deepened and refined. Once a city becomes overheated, the regulation may continue to increase in order to achieve the goal of stabilizing the market.

Kang Shu

Kang Shu