The Ministry of Housing and Urban-Rural Development interviewed Yinchuan and other five cities: housing prices have grown too fast, and many cities have risen by more than 5%

  The Paper Journalist Ji Simin

  "We are resolutely accountable to cities with inadequate regulation and rapid housing prices..." As soon as the voice fell, five cities were interviewed by the Ministry of Housing and Urban-Rural Development.

  On July 29, Vice Minister Ni Hong of the Ministry of Housing and Urban-Rural Development interviewed the responsible comrades of the five city governments of Yinchuan, Xuzhou, Jinhua, Quanzhou, and Huizhou, demanding resolute implementation of the decisions and arrangements of the Party Central Committee and the State Council, and insisting that houses are used for living. , It is not a positioning for speculation, does not use real estate as a short-term economic stimulus, and earnestly fulfills the main responsibility of the city. In response to the new conditions and new problems in the real estate market in the first half of the year, strengthen regulation and supervision to promote the stable and healthy development of the real estate market .

  "Interview accountability is an important part of the long-term management of real estate. The regulation of the real estate market bids farewell to the past top-down regulation and shifts to regulation under the framework of one city, one policy, that is, the autonomy of regulation lies with the local government, and the responsibility lies with the local government. The local government is responsible for the effects of regulation. The central government and provincial governments will conduct interviews with cities where housing prices are rising too fast based on the monitoring of the local property market.” said Li Yujia, chief researcher of the Guangdong Housing Policy Research Center.

  How is the housing price performance of the cities interviewed?

  The rapid rise in housing prices is the direct reason why the Ministry of Housing and Urban-Rural Development interviewed 5 cities.

  The Ministry of Housing and Urban-Rural Development pointed out that the five cities of Yinchuan, Xuzhou, Jinhua, Quanzhou, and Huizhou in the first half of this year have increased the sales price of newly-built commercial housing and the price of residential land too fast, and the market expectation is unstable, which has aroused widespread concern in the society.

  According to the data released by the National Bureau of Statistics, the sales price of new commercial residential buildings in Yinchuan ranks first in the country for 12 consecutive months from June 2020 to May 2021; the sales price of new commercial residential buildings in Xuzhou is from April 2020 to 2021 In June, the year-on-year growth rate has been ranked among the top five in the country. Among them, the year-on-year growth rate has jumped to the second in the country for several months. According to the quarter-on-quarter data, the sales price of new commercial residential buildings in Jinhua increased first in the country in January this year; the sales price of new commercial residential buildings in Xuzhou In February this year, the month-on-month increase was the first in the country.

In other words, the prices of new houses in these cities have led the rise in the first half of this year.

The year-on-year increase in sales prices of newly built commercial housing in Quanzhou and Huizhou also ranked among the top in the country in the first half of this year.

  In addition, according to the 100-city price index of the China Real Estate Index System, the cumulative increase in the price of new houses in Xuzhou in the first half of the year has exceeded 5%, and the cumulative increase in the prices of second-hand houses in Xuzhou and Jinhua has also exceeded 5%. The market has continued for a long time; second-hand houses in Yinchuan and Quanzhou The price increase is also higher.

  Similar to cities such as Jinhua, the districts, counties and cities under it experienced high land premium rates in the first half of this year.

  In the first quarter of 2021, Jinhua (including Yiwu, Yongkang, Lanxi, Wuyi, Dongyang, Pujiang, and Pan'an) had a total of 36 residential land listings (including 1 failed auction and 35 transactions), with a total transaction amount of approximately 23.353 billion. Yuan.

Among them, after 200 rounds of bidding, Jinhua Yongkang homes were finally sold for 839 million yuan, equivalent to a floor price of 14,626 yuan per square meter, and a premium rate of 224%.

After 445 rounds of bidding for a residential land in Pujiang County, Jinhua, it set a new high in Pujiang floor price at a floor price of about 16,600 yuan per square meter, with a premium rate of 79.8%; a land in Jinhua Yiwu City went through 102 rounds of bidding, and the total price 3,0013 billion yuan was sold, the floor price was 36030 yuan/square meter, and the premium rate was 53.03%; after 477 rounds of bidding, a land in Jinhua Lanxi was sold at a total price of 1.01 billion yuan, and the transaction floor price was 9,633 yuan/square meter, which was a premium rate. 88.89%.

  Chen Wenjing, deputy research director of the Index Division of the China Index Research Institute, pointed out that the five cities of Yinchuan, Xuzhou, Jinhua, Quanzhou, and Huizhou are the representative cities of the Yangtze River Delta, the Pearl River Delta and the second-tier hotspots. The real estate market has been highly active this year. The price of new houses or second-hand houses Prices have generally risen rapidly, and the land market has become more enthusiastic for auctions, which has brought obvious expectations of instability to the real estate market.

  It is worth mentioning that the Ministry of Housing and Urban-Rural Development also announced that Yinchuan, Xuzhou, Jinhua, Quanzhou, and Huizhou will be included in the list of key cities for real estate market monitoring.

It is reported that the real estate control work in such cities is jointly supervised by the Ministry of Housing and Urban-Rural Development and relevant provincial governments.

  Li Yujia believes that these cities are listed as key cities monitored by the Ministry of Housing and Urban-Rural Development, and the subsequent regulation and control policies will be double-supervised by the provincial government and the Ministry of Housing and Urban-Rural Development to achieve stable land prices, house prices, and expectations.

The characteristic of this regulatory policy is the two-way adjustment of supply and demand. The supply side regulates the method of land transfer and increases the regulation of guaranteed rental housing; the demand side may initiate measures such as purchase restriction and sales restriction again, and it is likely to be in a district. One strategy is a fuss above, focusing on solving the problem of regional housing market order due to insufficient supply, too fast housing prices, and rising investment demand.

  How many cities have been interviewed this year?

  The five cities of Yinchuan, Xuzhou, Jinhua, Quanzhou, and Huizhou are not the first cities to be interviewed by the Ministry of Housing and Urban-Rural Development.

Since the first half of this year, 18 cities have been "beaten" to varying degrees.

  Prior to this, 13 cities have been interviewed by the Ministry of Housing and Urban-Rural Development and surveyed and supervised: these cities are basically in the forefront of the country’s housing prices, including Guangzhou, Hefei, Ningbo, Dongguan, Nantong, Chengdu, Xi’an, Shenzhen, Shanghai, Beijing, Hangzhou, Wuxi, Nanchang.

  Specifically, on April 8 this year, Ni Hong, the Deputy Minister of Housing and Urban-Rural Development, interviewed the government officials of five cities including Guangzhou, Hefei, Ningbo, Dongguan, and Nantong, and listed Dongguan and Nantong as key cities for real estate market monitoring. List.

  Earlier, the Ministry of Housing and Urban-Rural Development also went to many places to investigate and supervise real estate work.

  In January and February this year, Ni Hong, deputy minister of the Ministry of Housing and Urban-Rural Development, went to Shenzhen, Shanghai, and Beijing to investigate and supervise real estate regulation and control.

In early March, he led a team to Hangzhou and Wuxi for research and supervision.

In late March, Ni Hong led a team to Chengdu and Xi'an to investigate and supervise; on March 25, the Ministry of Housing and Urban-Rural Development sent a supervision team to Nanchang to supervise the real estate regulation and control work.

  Zhang Dawei, chief analyst of Centaline Property, pointed out that interviews with cities where housing prices are rising too fast have become one of the most important features of real estate regulation in 2021.

This reflects the strengthening of the supervisory role of the Ministry of Housing and Urban-Rural Development on the basis of one city, one policy for real estate regulation.

The five cities interviewed this time have seen a significant increase in housing prices in the recent past and have become the target of the interview. This also represents the continued strictness of the real estate control policy in the second half of the year.

  Will accountability for real estate regulation continue?

  The last round of interviews initiated by the Ministry of Housing and Urban-Rural Development on real estate regulation and control was still in 2018.

In May 2018, the Ministry of Housing and Urban-Rural Development successively interviewed the governments of 12 cities including Xi’an, Haikou, Sanya, Changchun, Harbin, Kunming, Dalian, Guiyang, Xuzhou, Foshan, Chengdu, and Taiyuan. The intensity is not relaxed.

  In August 2018, the Ministry of Housing and Urban-Rural Development also interviewed the main responsible comrades of the five municipal governments of Haikou, Sanya, Yantai, Yichang, and Yangzhou.

  At that time, the interview required to fully implement the decisions and arrangements of the Party Central Committee and the State Council, and implement the main responsibility of local governments to stabilize land prices, stabilize housing prices, and stabilize expectations.

Comprehensively use economic, legal and necessary administrative means to adjust housing demand, promote the balance of supply and demand, and effectively increase the effective supply of housing and land, seriously clean up and deal with problems such as land use, stocking and speculation, vigorously rectifying and standardizing market order, and strengthening anticipation management With the guidance of public opinion, we will severely crack down on speculation and curb rising housing prices.

  So, will the follow-up real estate regulation and control accountability continue?

In fact, it has been very obvious from the recent government statements.

  On July 22 this year, the State Council held a teleconference on accelerating the development of affordable rental housing and further regulating the real estate market. The meeting pointed out that it is necessary to attach great importance to new situations and problems in real estate work, and insist that houses are used for living instead of The positioning used for speculation is to not use real estate as a short-term economic stimulus, and fully implement the long-term real estate mechanism of stabilizing land prices, housing prices and stabilizing expectations, and promote the stable and healthy development of the real estate market.

  On the same day, the "People's Daily" article pointed out that since the beginning of this year, affected by a variety of objective factors, coupled with the lack of fulfillment of the main responsibilities in some cities, the regulation of the real estate market has been relaxed, the real estate market in some cities has heated up, and some cities have overheated. Implement policies and implement precise policies to further increase the regulation and supervision of the real estate market.

  In this regard, Zhang Qiguang, director of the Department of Real Estate Market Supervision of the Ministry of Housing and Urban-Rural Development, said that he will work with relevant departments to further implement the main responsibilities of the city government, strengthen the supervision and guidance responsibilities of the provincial government, and address the needs of cities with weak regulation and excessive housing prices. Resolutely be held accountable.

  It can be seen that the Ministry of Housing and Urban-Rural Development has once again clarified the accountability mechanism for real estate regulation.

  Chen Wenjing's analysis pointed out that since the beginning of this year, the key monitoring cities have been expanding. Next, more cities are expected to actively respond to and implement the spirit of the "7.22" meeting. Cities with high real estate market and local auctions are likely to increase their policies. In the short term, the real estate market may enter a period of intensive release of control policies.

  This time, Ni Hong requested that all localities must resolutely implement the decisions and deployments of the Party Central Committee and the State Council, implement the State Council’s acceleration of the development of affordable rental housing and the spirit of the teleconference on real estate market regulation on July 22, and increase the enthusiasm and initiative of the work. Sex and creativity to ensure that the goal of stabilizing land prices, housing prices, and expectations is achieved.

First, it is necessary to speed up the establishment and improvement of the linkage mechanism for housing prices and land prices, optimize land auction rules, limit housing prices, control land prices, improve quality, and resolutely stabilize land prices and house prices.

Second, we must speed up the development of affordable rental housing to solve the housing difficulties of new citizens and young people.

Third, we must take decisive measures to implement the two-way adjustment of supply and demand, regulate market order, and promote the stable and healthy development of the real estate market.

Provincial governments should strengthen supervision and guidance, and urge cities to fulfill their main responsibilities.

  At the same time, the five cities of Yinchuan, Xuzhou, Jinhua, Quanzhou, and Huizhou stated that they will resolutely implement the decisions and deployments of the Party Central Committee and the State Council, earnestly assume the main responsibilities of the cities, strengthen market monitoring and supervision, and quickly take targeted measures to ensure stable land prices. Housing prices and stable expectations.

  "The interviews in these five cities indicate that the pace of tightening real estate regulation remains unchanged. It is expected that as long as the housing prices show signs of excessively rapid growth in the second half of the year, they may be'key attention' by the Ministry of Housing and Urban-Rural Development." Li Yujia said.

Keywords: