China-Singapore Jingwei Client, March 5 (Xiong Jiali) Recently, in order to curb the "virtual fire" in the property market, various localities have successively introduced regulatory policies. Ni Hong, the deputy minister of the Ministry of Housing and Urban-Rural Development, also led a team to Shanghai, Shenzhen and other places to investigate and supervise the real estate market .

Agency statistics show that the cumulative number of real estate regulation and control policies reached 97 times during the year.

  Real estate profile map.

Photo by Sino-Singapore Jingwei

Real estate regulation has reached 97 times during the year

  In January 2021, the price of newly-built commercial housing in 53 of the 70 large and medium-sized cities increased month-on-month, and in December 2020 it was 42 cities.

Sheng Guoqing, chief statistician of the City Department of the National Bureau of Statistics, pointed out that the month-on-month increase in the sales prices of commercial residential buildings in various tier cities in January was larger than that of the previous month.

  Due to the acceleration of housing prices in January, the real estate regulation and control blowout in February.

Statistics from Centaline Real Estate Research Center show that the number of real estate adjustments in a single month reached 45 times in February, surpassing the 42 times in January, and the cumulative number of real estate adjustment policies at the end of February was as high as 87 times.

From March 1 to 3, in just three days, more than 10 real estate control policies were issued across the country, and the cumulative number of real estate control policies during the year has reached 97 times.

  Recently, Vice Minister of Housing and Urban-Rural Development Ni Hong led a team to Hangzhou City, Zhejiang Province and Wuxi City, Jiangsu Province to investigate and supervise the implementation of the long-term mechanism for the stable and healthy development of the real estate market, saying that the city government should fully understand the importance of the stable and healthy development of the real estate market. We will unswervingly insist on the positioning that houses are used for living, not for speculation, and do not use real estate as a short-term means of stimulating the economy, and effectively implement the main responsibility of the city to ensure that the decisions and deployments of the Party Central Committee and the State Council are implemented.

  Ni Hong pointed out that the Central Economic Work Conference will "solve the outstanding housing problems in big cities" as one of the key tasks in 2021, and once again emphasized the need to adhere to the positioning of houses for living, not for speculation, and take measures based on local conditions and take multiple measures. Promote the steady and healthy development of the real estate market.

  Real estate profile map.

Photo by Wan Keyi, Sino-Singapore Jingwei

Overweight housing restrictions

  On March 3, Hangzhou and Shanghai successively announced the strengthening of property market regulation.

On the morning of the 3rd, the Hangzhou Municipal Housing and Housing Management Bureau issued the "Notice on Further Regulating the Order of the Real Estate Market," stating that it would further strengthen the housing purchase restrictions.

The notice clarified that bidders participating in the judicial auction of houses within the scope of Hangzhou’s housing purchase restrictions must comply with the Hangzhou’s housing purchase restrictions policy.

On the evening of the 3rd, Shanghai issued the "Notice on Further Strengthening the Management of the City's Real Estate Market" requiring that, on the basis of the linkage of housing and land prices, the sale of commercial residential land shall be subject to price-limiting auctions.

The notice also pointed out that the implementation of housing sales restrictions.

The newly-built commercial housing purchased in accordance with the priority purchase policy can only be transferred after 5 years of signing and filing the house purchase contract online.

  In addition, Beijing, Shenzhen, Dongguan and other places have also curbed real estate speculation in many ways.

In the afternoon of February 3, in response to the "singing up" remarks that appeared on the Internet, the Beijing Municipal Housing and Urban-Rural Development Commission and other three departments concentrated on interviews with some of the heads of online self-media and Internet influencers.

The three departments emphasized that when publishing articles involving the real estate market, we must adhere to the objective facts as the basis, and implement the “four must not”: not deviate from the positioning of “housing, housing, no speculation”; not to exaggerate individual transaction cases and local price fluctuations To speculate on the market; not to create panic when buying houses in various ways; not to speculate on the direction and trend of real estate policies.

  On February 8, the Shenzhen Municipal Housing and Construction Bureau issued a "Response Letter on Issues Concerning Resident Families Housing Registration" to the Shenzhen Real Estate Registration Center. The reply clearly stated that the couple divorced and registered the division of the real estate to the unqualified party. The other party shall not purchase commercial housing in Shenzhen within 3 years from the date of divorce.

Since late January, Shenzhen has successively stipulated that "family purchases of commercial houses can only be registered under the names of members who are qualified to purchase houses", "enable the "home purchase intention registration system"", "publish the reference prices of second-hand housing transactions in 3595 residential communities in the city" and so on.

  On February 27, Dongguan issued a document stating that the purchase limit for commercial housing should be adjusted and that non-resident households in this city must purchase a second set of commercial housing (new commercial housing or second-hand commercial housing) in the city within four years of the purchase date. Pay social security monthly for three consecutive years.

If the couple is divorced, if either party purchases commercial housing within two years from the date of divorce, the number of housing units owned by the couple shall be calculated based on the total number of units in the family before the divorce.

  According to analysis by Zhang Dawei, chief analyst of Centaline Real Estate, from the perspective of control policies, the current round of multi-city upgrades and control will help curb the false fires in current hot cities and avoid short-term market out-of-control. However, follow-up restrictions on the disorderly entry of funds into real estate, otherwise control The strength of the policy may be diluted.

The regulation and control led by the Ministry of Housing and Urban-Rural Development may also continue to expand the number of cities, and it is expected that the real estate regulation policy in March is expected to continue to upgrade.

  Data map of second-hand housing.

Photo by Sino-Singapore Jingwei

Pay attention to second-hand housing

  In addition to overweight restrictions on sales, the second-hand housing market has also become the focus of attention everywhere.

On March 2, Wuxi issued the "Notice on Regulating the Order of Second-hand Housing Transaction in Our City", proposing to carry out order rectification of the real estate market, standardize the behavior of second-hand housing information release, and establish a second-hand housing price information release mechanism.

Dongguan's "Notice on Further Strengthening the Regulation of the Real Estate Market" also mentioned that it will further improve the price release mechanism for online signing of second-hand housing; further increase the transparency of second-hand housing prices and guide rational transactions in the market.

  On March 3, Hangzhou issued clear control measures to severely crack down on illegal activities of real estate intermediaries. Intermediaries are not allowed to accept and publish information on houses whose listed prices are significantly higher than reasonable transaction prices; strictly regulate the release of real estate market information, and various online platforms Accounts and network groups must strictly abide by relevant laws, regulations and management regulations, and further regulate information release behavior.

  Prior to this February 8, Shenzhen launched a reference price for second-hand housing transactions, and the market effect was immediate.

According to the latest data released by the Shenzhen Real Estate Agency Association, last week (February 22-28) Shenzhen second-hand housing network signed 834 sets (including self-service online signing), an increase of 130.4% from the previous month, but last week was in the late Spring Festival holiday period. And last week's daily average number of online signings showed a downward trend.

By comparing the second-hand housing transaction reference price of about 2500 sets of weekly online signing data before the New Deal, the number of second-hand housing transaction reference price online signings in a week after the New Deal has dropped by nearly 70%.

Whether the number of second-hand housing online signings in the first week of March can hold the 800-set mark has become a key window period for observing the future trend of the second-hand housing market.

(Zhongxin Jingwei APP)

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