Many places across the country continue to optimize and adjust policies related to the property market
Promote the steady and healthy development of the real estate market (Rui Finance)
Our reporter Wang Junling
Reasonably adjust the scope of purchase restrictions, increase the amount of provident fund loans, optimize the use of stock real estate land, and revitalize the stock parking spaces of development projects... Since this year, many places across the country have continued to optimize and adjust property market control policies to further support rigid and improved housing demand and promote the real estate market. stable and healthy development.
With the long-term mechanism of real estate taking root and the continuous and stable operation of the real estate market, the positioning of "houses are for living, not for speculation" has further become a social consensus.
Downside to watch
The real estate industry has a large scale, a long chain and a wide range of coverage, and plays a pivotal role in the national economy.
Since the beginning of this year, the overall operation of the national real estate market has been stable, but the downward trend also requires great attention.
Data from the National Bureau of Statistics shows that from January to April this year, the national fixed asset investment (excluding farmers) was 15,354.4 billion yuan, a year-on-year increase of 6.8%.
Among them, real estate development investment decreased by 2.7%.
From January to April, the sales area of commercial housing nationwide was 397.68 million square meters, a year-on-year decrease of 20.9%.
Sheng Guoqing, chief statistician of the City Department of the National Bureau of Statistics, said that in April, among the 70 large and medium-sized cities, the number of cities where the sales price of commercial housing declined, and the sales price of commercial housing in first-, second-, and third-tier cities generally showed a downward trend month-on-month and continued to decline year-on-year.
From a month-on-month perspective, the sales prices of commercial housing in first-tier cities rose slightly, while those in second- and third-tier cities fell.
In April, the sales price of new commercial housing in first-tier cities rose by 0.2% month-on-month, a decrease of 0.1 percentage points from the previous month; the sales price of second-hand housing rose by 0.4% month-on-month, the same increase as the previous month.
From a year-on-year perspective, the sales price of commercial housing in first-, second-, and third-tier cities has fallen back or expanded.
In April, among the 70 large and medium-sized cities, 39 and 56 cities saw a year-on-year decrease in the sales prices of new commercial housing and second-hand housing, an increase of 10 and 9 from the previous month.
Relevant experts believe that, judging from the year-on-year changes in housing prices, the number of cities with falling housing prices tends to increase, and the confidence of home buyers has yet to be restored.
Since April, many places have released property market control policies.
Among them are Zhengzhou, Lanzhou, Fuzhou, Changsha, Nanjing, Suzhou and other large and medium-sized cities, as well as many third- and fourth-tier cities.
Its control measures mainly focus on supporting rigid and improving housing demand and boost housing consumption.
Liu Lin, a researcher at the China Academy of Macroeconomics, believes that while maintaining the bottom line of risks, all localities should make appropriate adjustments to the previous contractionary control policies to better support the first set of rigid housing needs and reasonable improvement needs, and encourage new citizens, Young people and other groups conduct housing consumption.
Actively encourage self-occupation needs
In the face of new situations and new challenges, the central and local authorities have introduced a series of specific measures to support the first set of rigid housing needs, reasonable improvement needs, rental housing needs and other self-occupation needs.
On May 15, the People's Bank of China and the China Banking and Insurance Regulatory Commission issued relevant notices to adjust differentiated housing credit policies.
Among them, for households who take out loans to purchase ordinary self-owned houses, the lower limit of the interest rate of commercial personal housing loans for the first set of housing is adjusted to be no lower than the quoted market interest rate of loans of the corresponding period minus 20 basis points.
On May 20, the People's Bank of China authorized the National Interbank Funding Center to announce the market quoted interest rate (LPR) for loans with a maturity of more than 5 years at 4.45%, a decrease of 0.15% compared with the previous period, which has been reduced since January 20 this year. .
In Shandong, the Jinan Housing Provident Fund Center issued a policy. Starting from May 24, the criteria for the identification of the first home will be adjusted from “the households with registered permanent residence in this city have no housing and no housing loans (including provident fund loans and commercial loans) records” to "Families with household registration in this city have no housing in this city".
At the same time, the down payment ratio for the first home loan of non-local households was adjusted from 60% to 30%.
In Jiangsu, Lianyungang City has introduced the latest measures to further optimize the mode of paying the deposit for the bidding of commercial land.
On the basis of strictly implementing the supervision system of pre-sale funds for commercial housing, explore the use of guarantee methods to release a certain amount of funds for the construction and operation of real estate projects.
"Judging from the situation in most cities, the lower limit of mortgage interest rates for first home buyers in May was 35 basis points lower than that in April, and the lower limit for second home loan interest rates was reduced by 15 basis points. It will help reduce the cost of home buyers and promote the release of rigid and improved housing demand." said Liu Lijie, a market analyst at Shell Research Institute.
The bottom line of "housing and not speculating" is firm
According to data from the Ministry of Housing and Urban-Rural Development, China is still in the stage of rapid urbanization, with more than 11 million new jobs in cities and towns every year, bringing a large number of new housing demands.
At the same time, a large number of old houses built before 2000 are of small size, poor quality and incomplete supporting facilities, and the residents' demand for improving their living conditions is relatively strong.
All these provide favorable conditions for the real estate market to maintain its stability and achieve healthy development.
Zhao Xiuchi, a researcher at the Institute of Economic and Social Development of Megacities of Capital University of Economics and Business, pointed out in an interview with this reporter that the recent fine-tuning and optimization of the credit environment and real estate control policies is to support rigid and improved housing demand by city-specific policies, and to keep the economy operating in The necessary move of a reasonable range reflects the positioning of "houses are for living, not for speculation".
"The optimization of real estate control policies should continue to adhere to the word 'stable' as the top priority, and firmly adhere to the bottom line of 'housing and not speculating' while meeting reasonable needs." Zhao Xiuchi believes that it should be further oriented to meet reasonable and self-occupied housing needs. , with the work-housing balance as the starting point, focus on improving the efficiency of land and housing use, and accelerate the development of the housing rental market.
In the view of Feng Jun, president of the China Real Estate Association, all localities can't deviate from the positioning and direction of "housing, not speculating", let alone using real estate as a tool and means to stimulate the economy in the short term.
In the future, the key is to continue to implement the long-term mechanism for real estate, maintain the continuity and stability of regulatory policies, and enhance precision and coordination.