Sino-Singapore Jingwei, May 21 (Xue Yufei intern Hu Jingrong) On May 17, Hangzhou issued a new policy on the property market, making adjustments in optimizing second-hand housing transaction policies and improving tax adjustment.
Only five days after the New Deal, Hangzhou's real estate market has begun to show signs of recovery.
Affected by lower taxes and fees, institutional data shows that the average daily listings of second-hand housing in the two days after the New Deal was nearly seven times the average daily net listings in the past month before the New Deal.
A number of interviewed real estate brokers told Sino-Singapore Jingwei that since the 17th, the number of second-hand housing inquiries has increased significantly.
Out of optimism about the market prospects, individual owners in Hangzhou raised the listing price, and some owners raised 800,000 yuan at one time.
However, for the owners who have raised prices sharply, the broker bluntly said "a bit outrageous".
Inquiries on the rise
Data map: Residential building.
Photo by Xue Yufei of China-Singapore Jingwei
"I can receive 10-15 phone consultations a day. There are more than 20 people in our store, and there are hundreds of consultations a day." Pan Lin (pseudonym) has become busy, and the number of inquiries from customers has increased significantly in recent days.
Many real estate brokers in Hangzhou said that the number of calls they received every day was also increasing, including landlords asking about house listings, and some buyers asking about prices.
Zhang Yang (pseudonym), an agent in Linping District, was showing a client a house when he received a call from Zhongxin Jingwei. He could hear intermittent speeches and panting while walking. He said, "I'll call you at night. , I'm taking clients now, and I'm going into the elevator."
Although there are many cities that have recently introduced real estate policies, the implementation of the Hangzhou New Deal has attracted a lot of attention.
Hangzhou has improved the real estate market regulation in terms of optimizing the second-hand housing transaction policy, improving tax regulation, and meeting the housing needs of three-child families, such as relaxing the purchase restriction measures for second-hand housing, "individual transfer of the only house in the family, the value-added tax exemption period from 5 Adjusting the year to 2 years” is a real positive move.
Shangguanjian, president of Hangzhou Shell Research Institute, analyzed Sino-Singapore Jingwei. This time, the restrictions on the purchase of second-hand houses and the optimization of taxes and fees have provided support for "selling old and buying new", especially those who are the only family in the purchase-restricted area. Second-hand houses that are more than two years but less than five years are more beneficial to them.
According to data, among the houses listed on the Hangzhou Shell platform, the "only" houses account for 40%, and the houses with "full 2 years and less than 5 years" account for 30% of the "only" houses. That is to say, the listings that meet the requirements of "2 years but less than 5 years" and "the only housing" at the same time account for 12% of the total listings.
"The current average price of second-hand houses in Hangzhou is about 3 million yuan, and the value-added tax exemption period has been adjusted from 5 years to 2 years later, and 5% of the value-added tax will be saved for houses 'full two but less than five years', which is equivalent to every The set reduces the transaction cost of about 150,000 yuan.” Shangguanjian also said that according to the monitoring of the Shell Research Institute, the number of second-hand housing listings in Hangzhou has increased significantly after the new policy, and the average daily listing volume in the two days after the addition is the average daily net value in recent months. Nearly 7 times the number of listings.
In terms of consultation volume, the average daily consultation volume of the platform has increased by about 60% compared with that before the New Deal.
Some owners raise prices
Judging from the market performance in recent days, Hangzhou's real estate market has shown signs of recovery.
Zhang Yang said: "In the past few days, some customers have already started to take action. Only in Puli Dongfang Community in Linping District, from the 17th to the 19th, our platform has sold 6 or 7 suites." Pan Lin also said that the recent house inspection There are many customers who have signed contracts. "Now basically there are house inspections every day. Today (20th) there is no one in our store, so we all went out to show them."
Some houses in Hangzhou have raised their listing prices.
Source: A real estate trading platform
In addition, Sino-Singapore Jingwei browsed on real estate trading platforms such as Shell House, I Love My Home, and Zhuge House, and found that some houses have raised their listing prices, ranging from tens of thousands of yuan per set to hundreds of thousands of yuan per set.
On the 19th, a three-bedroom apartment of about 100 square meters in the Taoyuan Chunju Community of Xihu District, the listing price rose from the previous 4.2 million yuan to 5 million yuan, an increase of 800,000 yuan.
The agent of I Love My Home confirmed to Sino-Singapore Jingwei that after the introduction of the New Deal, the owner voluntarily raised the price of the house.
The agent said: "This increase is a bit large, but how much the owner quoted is one thing, the actual transaction is another, and the price can be negotiated."
The chart of the listing price of a house in Hangzhou Puli Oriental Community.
Source: A real estate trading platform
The listing price of a four-bedroom apartment of about 127 square meters in Puli Oriental Community was raised by 350,000 yuan on the 19th to 4.5 million yuan.
According to information on the Zhuge Housing Search website, the listing price of the listing in August 2020 was 4.5 million yuan, and then it was slightly lowered, and the listing price in March 2021 dropped to 4.15 million yuan.
Zhang Yang said that this house is "the only house in the second year". After the new policy, there is no need to pay VAT, which is equivalent to a lower down payment burden for the buyer. Therefore, the owner raised the price.
"This house has been on the market for a long time. The owner is not in a hurry to sell it. He is optimistic about the future market. However, it is a bit outrageous that it has risen by 350,000 yuan all of a sudden." Zhang Yang said.
According to the Shell Searching APP, the above-mentioned houses have been listed for more than 650 days.
"The average transaction price of a 138-square-meter house was about 86,000 before, but on the 19th, 12 new houses were added. They belonged to Xiaoshan District's Aocheng and Genesis. The average listing price was above 90,000, and one was higher. The price of 100,000 yuan/square meter was listed. Among the houses listed before, there were 7 sets of houses whose prices were raised on the 19th, and the increase range was 50,000-150,000 yuan.” Pan Lin said.
Lin Shuai (pseudonym), a broker in Xiasha, Qiantang District, Hangzhou, introduced to Sino-Singapore Jingwei that the number of customers who have been consulted has indeed increased in the past few days, but the number of customers who have really decided to buy a house has not changed for the time being.
"There are not many owners who have raised prices. They are all joining in the fun and are not in a hurry to sell. Those who really want to sell and want to replace have no changes in their quotations. There are also some owners because they only have the only house in their name, and the transaction has been completed for two years. After the New Deal, there will be no value-added tax, so tens of thousands of yuan will be added."
effect remains to be seen
Judging from the Hangzhou real estate transaction data in the past few months, the market has turned cold.
According to data from Hangzhou Shell Research Institute, in April 2022, 7,603 new houses were sold in Hangzhou, a month-on-month decrease of 1.8% and a year-on-year decrease of 61.1%; in April, the supply of new houses slowed down, a month-on-month decrease of 20.7% and a year-on-year decrease of 57.3%; the average transaction price decreased by 2.2% month-on-month. , an increase of 5.7% year-on-year.
According to the transaction data of the transparent sales network, in April 2022, Hangzhou Second-hand Housing Network signed 4,200 sets. After excluding the data of Lin'an District, it fell by 60% year-on-year; compared with March, it fell by 18% month-on-month.
Shangguanjian said that in April, the transaction volume of new and second-hand houses in Hangzhou dropped by about 60% year-on-year. This is related to the epidemic in the Yangtze River Delta, the slowdown in industrial production, and market confidence, which makes home buyers afraid to take out debt to buy houses. .
Therefore, future market changes will depend on the evolution of the epidemic and the degree of relaxation of property market regulation.
"Hangzhou's new policy is still relatively strong, and the outside world is also looking forward to it. Although the new housing market has cooled down, the overall performance is relatively differentiated, and 45% of the properties still need to be selected by lottery. The release of market demand for self-occupation has substantial benefits." Shangguanjian said.
But Shangguanjian also said: "Although the consultation volume, the volume of viewing, and the transaction volume have increased in the past few days, the time period is still too short and the sample size is too small. The final effect of the Hangzhou New Deal depends on the next market performance. As a real estate agent, Lin Shuai’s attitude is also cautious. He said that the policy has just been introduced, and future changes need to be observed. Market, Hangzhou will sell a lot of land in the future, and there is still room to promote new house transactions and adjust the down payment ratio.” (Sino-Singapore Jingwei APP)
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