Among the monitored cities, Yangzhou saw the highest month-on-month increase in house prices in December last year, and Mudanjiang saw the largest decrease-
house prices in Seventy City remained stable throughout the year
According to data released by the National Bureau of Statistics a few days ago, the price of the real estate market in 70 large and medium-sized cities rose slightly in December 2020.
Relevant sources pointed out that with the release of housing price data in December, the property market has become clear throughout the year.
In 2020, China's real estate market will maintain stable operation, basically achieving the goal of stabilizing land prices, housing prices, and stabilizing expectations.
In terms of different cities, Sheng Guoqing, chief statistician of the City Department of the National Bureau of Statistics, said that in December 2020, the sales prices of newly built commercial residential buildings in four first-tier cities increased by 0.3% month-on-month, an increase of 0.1 percentage points from the previous month.
Among them, Beijing, Shanghai and Guangzhou rose 0.3%, 0.2% and 0.7% respectively, and Shenzhen fell 0.1%.
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.
Among them, Beijing, Shanghai, Guangzhou and Shenzhen rose 0.5%, 0.6%, 0.7% and 0.5% respectively.
The increase in housing prices in second- and third-tier cities remained stable.
Statistics from the Bureau of Statistics show that in December 2020, 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 increased by 0.1% and 0.2% respectively from the previous month, the same as the previous month.
From the perspective of changes in the number of cities where house prices have risen month-on-month, in December 2020, 42 cities will see new commercial housing prices rise month-on-month, 6 more than the previous month; 22 cities have fallen, 6 less than the previous month; 6 cities House prices were flat month-on-month.
Among them, the highest month-on-month increase was 0.8% of Yangzhou; the biggest drop was -0.7% of Mudanjiang.
Ma Hong, a senior researcher at the Zhixin Investment Research Institute, analyzed to reporters that, on the whole, the growth of new housing prices has slowed down, and the second-hand housing prices have stabilized.
In December 2020, the price index of newly-built commercial housing in 70 large and medium-sized cities increased by 3.7% year-on-year, down 0.3 percentage points from November, and the price index of second-hand housing increased by 2.1% year-on-year, the same as the previous month.
In terms of investment and sales, after experiencing a sharp decline at the beginning of last year, real estate development investment and commercial housing sales continued to recover, and the positive growth began in the second half of the year.
According to statistics from the Bureau of Statistics, in 2020, the national real estate development investment was 14,144.3 billion yuan, an increase of 7.0% over the previous year, and the growth rate was 0.2 percentage points higher than that from January to November, and 2.9 percentage points lower than the previous year; commercial housing sales area was 1.760.8 million square meters , An increase of 2.6% over the previous year, an increase of 1.3 percentage points over the period from January to November, and a decrease of 0.1% in the previous year.
"In 2020, real estate development investment will rise moderately, and sales will achieve a small positive growth." Ma Hong said that the sales of real estate companies continue to pick up, and some large real estate companies have exceeded their annual sales targets, and the pressure on cash flow has been eased.
From a policy perspective, in 2020, all localities will fully implement the long-term real estate mechanism and promote the steady and healthy development of the real estate market.
What is the policy orientation this year?
Ma Hong believes that the Central Economic Work Conference emphasized that it is necessary to adhere to the positioning that houses are used for living, not for speculation, take measures to local conditions and adopt multiple strategies simultaneously to promote the stable and healthy development of the real estate market.
Since then, many departments have expressed the need to strengthen real estate financial regulation, not to use real estate as a short-term means of stimulating the economy, and unswervingly implement a long-term real estate mechanism.
Local governments have also successively introduced policies and measures. For example, the Nanjing Municipal Government recently issued a document requesting further refinement and standardization of the commercial housing purchase policy, and fraudsters will cancel the qualifications of talent purchases and take back the housing. The sales process of houses and remaining listings.
Zou Lan, Director of the Financial Markets Department of the People’s Bank of China, stated that in the next step, the People’s Bank of China will adhere to the positioning of “no speculation in housing and housing”, maintain the continuity, consistency, and stability of the real estate financial policy, and steadily implement the prudential management system for real estate finance. Great financial support for the development of the housing rental market.
The Minister of Housing and Urban-Rural Development Wang Menghui emphasized that in 2021, the construction of a housing security system with affordable rental housing and shared property housing as the main body will be accelerated.
In terms of standardizing the development of the housing rental market, intensify the rectification of "high-in-low-out", "long-term receipts and short-term payments" and the establishment of fund pools in violation of regulations, and rational control of rent levels.
Qiu Haifeng
Qiu Haifeng