Zhongxin Finance, February 24. On the 24th, the State Council Information Office held a press conference on promoting the high-quality development of housing and urban and rural construction.
Ni Hong, deputy minister of the Ministry of Housing and Urban-Rural Development, said the overall real estate market situation in 2021 will be stable.
In 2022, we will unswervingly adhere to the positioning of "houses are for living in, not for speculation", and do not use real estate as a tool and means to stimulate the economy in the short term.
According to reports, the overall stability of the real estate market in 2021 will be reflected in four aspects:
First, the housing transaction volume maintained positive growth.
Last year, the sales area of commercial residential buildings reached 1.565 billion square meters, which is also a new high in recent years, with a year-on-year increase of 1.1%.
Second, the increase in housing prices has declined.
In 70 large and medium-sized cities last year, the sales prices of first-hand and second-hand houses rose by 2% and 1%, respectively, 1.7 and 1.1 percentage points lower than that in 2020.
Third, real estate development investment maintained a positive growth.
In the whole year, it reached 14.8 trillion yuan, a year-on-year increase of 4.4%.
Residential investment increased by 6.4% year-on-year, 1.5 percentage points higher than fixed asset investment.
Fourth, the de-chemical cycle is still within a reasonable range.
Generally speaking, 12 to 18 months are relatively normal for the detoxification cycle. The level at the end of last year was 14.1 months, which is in a reasonable range.
Overall, the real estate market was stable last year, which also proves that the long-term mechanism of real estate is in line with the law and is effective.
Regarding the overall consideration for 2022, Ni Hong said that we still unswervingly adhere to the positioning of "houses are for living, not for speculation", do not use real estate as a tool and means to stimulate the economy in the short term, and strengthen the guidance of expectations. City-specific policies to promote a virtuous circle and healthy development of the real estate industry.
Four specific considerations include:
One is to maintain the continuity and stability of regulatory policies.
Continue to steadily implement the long-term mechanism for real estate, implement the main responsibility of the city and the supervision responsibility of the provincial government, ensure the rigid housing demand, meet the reasonable improvement housing demand, and continue to stabilize land prices, housing prices, and expectations.
The second is to enhance the coordination and precision of regulatory policies.
The key is to achieve three "strengthening": first, to strengthen the coordination of land, financial and market supervision and other policies; second, to strengthen the coordination and linkage of ministries, provinces and municipalities; and supervision.
The third is to resolutely and forcefully deal with the overdue delivery risk of real estate projects caused by individual real estate companies due to default in debt.
The primary goal of this work is to "guarantee the delivery of buildings, people's livelihood, and stability", with the rule of law and marketization as the principles, to consolidate the main responsibility of the enterprise, implement the management responsibility of the territorial government, maintain social stability, and safeguard the legitimate rights and interests of home buyers. .
Fourth, continue to rectify and standardize the order of the real estate market.
Last year, we jointly launched a three-year rectification action for the real estate market with 7 departments, and the rectification situation of last year will be released in due course.
The next step is to improve the new market supervision mechanism, vigorously rectify violations of laws and regulations in real estate development, trading, leasing, and property services, and effectively safeguard the legitimate rights and interests of the people.