Chinanews.com, Guangzhou, July 5 (Reporter Xu Qingqing) In the context of the frequent New Deals in the property market superimposed on the new crown pneumonia epidemic that appeared in June, the transaction volume of first-hand and second-hand housing in Guangzhou in June has both declined significantly.
According to data monitored by the NetEase Real Estate Data Center, in June, Guangzhou’s first-hand residential online transactions were 8,552 units, a year-on-year decrease of 896 units, a decrease of 9.48%, and a decrease of 12.75% compared with May.
Among them, Zengcheng District had a total of 2772 sets of transactions, which was the area with the most transactions; while the smallest number of transactions was Yuexiu District, which had only 32 transactions.
In terms of second-hand housing, according to statistics from the Guangzhou Real Estate Agency Association, in June, Guangzhou second-hand housing signed a total of 7,794 online approvals, and the month-on-month decline is more than that of first-hand housing, reaching 25.94%.
Data shows that the epidemic has a greater impact on second-hand housing transactions in central Guangzhou.
Among them, Liwan District, where the epidemic was the most severe, declined by more than 50% month-on-month in June, and the Fangcun Avenue, Baihedong, Huadi Avenue, Fenshui and Donglong sectors in the region declined more significantly, with a rate of more than 70%.
The neighboring Yuexiu District and Haizhu District both fell by more than one-third month-on-month.
The month-on-month decline in Tianhe District and Baiyun District also reached more than 20%.
In peripheral areas where the epidemic is lighter, such as Huangpu District, the downward adjustment is smaller, about 7%.
In addition to the impact of the epidemic, Guangzhou has twice introduced new policies to regulate the property market this year.
In addition, housing loans, the filing price system, and pre-sale certificates have formed a "combined punch", which has jointly cooled the property market a lot.
Among them, the transaction volume of first-hand residential properties fell monthly after reaching a record high of 17,243 units in December 2020 (excluding February including the Spring Festival holiday).
After the introduction of some new policies in the second quarter of this year, Guangzhou's trading volume fell below the 10,000-set mark in April, fell below the 10,000-set mark in May, and fell below 9,000 sets in June.
According to the Guangzhou Real Estate Agency Association, since the beginning of this year, the real estate credit environment has continued to increase, mortgage interest rates have risen several times, and the loan cycle has lengthened, resulting in continued weakness in the city's second-hand residential mortgage demand.
In June, the ratio of mortgage payments for second-hand housing fell for the third consecutive month, with a drop of 4.05 percentage points.
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