China News Service, Nanjing, July 5 (Reporter Zhu Xiaoying) New and second-hand housing transaction data are increasing, and developers are accelerating the pace of land acquisition...In the first half of 2021, the property market across the Yangtze River Delta has basically been free from the impact of the new crown pneumonia epidemic , The activity is greatly improved.

  According to data from the China Index Research Institute, in the first half of the year, the scale of commercial housing transactions in key cities across the country reached a relatively high level in the same period in the past five years.

Among them, the market size in the Yangtze River Delta region remained high, and the transaction area of ​​commercial residential buildings increased by 57% year-on-year, which was also an increase of 54% over the same period in 2019 before the epidemic.

New houses and second-hand houses in Nanjing performed strongly, while Hangzhou, Suzhou, Wuhu and other places just needed to improve and demand concentrated release.

  "Take Nanjing as an example. In the first half of the year, there were 341 openings in Nanjing. The transaction volume of new and second-hand houses was close to 70,000 units, an increase of 86% and 36% respectively over the same period in 2020. The transaction volume of new houses hit a record high since 2017. In the first half of the year, Nanjing eased settlement restrictions in the 4 districts far from the main urban area, and increased demand for home purchases, etc.," said Cao Li, senior director of Wangshang Research Institute.

  I love my Nanjing Research Institute market analyst Huang Shoujuan believes that the Yangtze River Delta region has a developed economy and complete urban supporting facilities. The "magnetic attraction" for talents from all over the country to settle here is unabated.

The first half of the year was also the traditional peak season for educational property purchases. The transaction volume and prices of new and second-hand houses with good school districts rose.

  From the perspective of land supply, in the first half of the year, the large increase in land sales across the country was concentrated in the Yangtze River Delta and other regions, but the supply differentiation between cities was obvious.

  According to the statistics of the Zhongzhi Research Institute, the sales of Changzhou, Jiangsu and Huzhou, Zhejiang fell 71% and 55% year-on-year, while the sales of Jinhua and Jiaxing of Zhejiang increased 336% and 201% year-on-year.

Real estate companies are seizing the opportunity to actively push the market, and the inventory scale and time to sell in key cities have all declined.

  Under the regulatory requirements of the “three red lines” of real estate financing and the management of real estate loan concentration, especially after the implementation of the “two centralizations” of residential land supply (centralized announcement and centralized supply of residential land), housing enterprises’ capital pressure has increased and the industry Intensified competition.

There is a risk of losing auctions in hotspot cities at the same time. Therefore, “prefer to take less than to take it by mistake” is the mentality of many real estate companies. The strategy of “full bloom” of development enterprises has also shifted to holding and pressure, offensive and defensive.

  Wang Fei, director of the strategic advisory department of CB Richard Ellis, believes that the "two centralizations" policy has brought about a reduction in the fault tolerance rate of land acquisition, and the extreme weekly transformation of real estate companies with tight capital chains and thin land reserves will usher in a big test. Real estate companies will accelerate their leveraging into an operation-driven era, with higher thresholds and reduced internal friction, thereby reducing cyclical fluctuations and helping the industry to develop healthily and sustainably. (Finish)