The high-frequency introduction of the policy of loosening the property market in various places has allowed the buyers and sellers of the market to gradually get rid of the wait-and-see mood and become more active in making decisions.

  According to data provided by the Shell Research Institute, in March this year, new listings for second-hand housing in Shell 50 cities increased by about 30% month-on-month. Except for Shanghai, Shenyang, Harbin and other cities that were more affected by the epidemic, about 90% of the cities The number of new listings increased month-on-month; the epidemic in April interrupted the growth trend of second-hand housing listings, but with the epidemic under control in most cities, the number of second-hand housing listings in many places has returned to an upward trend since May. Japan) The daily average new listings in Shell 50 cities increased by about 10% compared with the average daily average in April.

  While the number of listings has increased, the transaction volume of second-hand housing in some cities has also increased. In particular, cities that made policy adjustments earlier have achieved phased results.

Since May, the average daily transaction volume of second-hand housing in Shell 50 cities has increased by about 10% compared with the average daily level in April. Among them, the average daily transaction volume of Suzhou and Xuzhou in May has increased by more than 130% compared with April, Nanjing has increased by more than 50% month-on-month, Jinan and Dongguan have increased by more than 50%. Over 80% of the cities have an increase in transaction volume compared with April.

  Regardless of the growth in listings or the active transaction volume, it reflects that the long-standing wait-and-see atmosphere in the market has begun to be broken. However, under the multiple factors such as the decline in residents' income growth expectations and the high and sideways housing prices in many places, buyers are still cautious when entering the market. .

  In particular, it is worth noting that with the relaxation of the second-hand housing sales restriction policy, the owner's willingness to put on the market has increased, which has led to a blowout growth of second-hand housing available for sale in many places.

The listing of houses in Suzhou and Hangzhou surged

  On April 11, Suzhou adjusted the sales restriction period of second-hand houses from 5 years to 3 years; on May 9, Suzhou once again relaxed the sales restriction policy, canceling the restriction on the sale of second-hand houses for 3 years, and the restriction on the sale of new houses from 3 years. for 2 years.

Under several policy adjustments, the number of second-hand housing listings in Suzhou has also risen rapidly.

  "Now that the ice block is lifted, a community can sell 3-5 units a week. There are more houses and more transactions." A real estate agent in Suzhou Industrial Park told Yicai that after the introduction of the new policy, many people have Owners with improved needs have begun to list their own houses and are ready to change houses. He added that the current mortgage interest rate is at a record low, and owners can reduce the original mortgage cost while changing houses.

  Anjuke’s background data shows that as of May 24, the number of second-hand housing listings in Suzhou increased by 12.98% from the previous month. Compared with April, the number of second-hand housing listings in Suzhou was still in a state of decline month-on-month. Obviously, the New Deal’s The effects are starting to show.

  Compared with Suzhou, Hangzhou owners are more enthusiastic about shipping. Although the sales restriction time is not shortened like Suzhou, and the policy introduction time is not as early as Suzhou, the growth rate of second-hand housing listings in Hangzhou has exceeded that in Suzhou.

  On May 17, Hangzhou stipulated that the value-added tax exemption period for the only housing within the purchase limit was adjusted from 5 years to 2 years; in addition, new settlers in Hangzhou can directly buy second-hand houses even without social security, and non-registered people buy second-hand houses. Housing social security is only 1 year.

There is no doubt that Hangzhou has loosened the binding on both ends of second-hand housing transactions, and the liquidity of second-hand housing has been enhanced.

  According to Hangzhou’s official media, Hangzhou Daily, according to statistics from the Hangzhou Shell Research Institute, as of 13:30 on May 17, the number of second-hand housing listings on the Shell housing platform Hangzhou for half a day was 10 times the average daily listings in the past month.

  Anjuke's background data shows that as of May 25, Hangzhou's second-hand housing listings in March, April, and May increased by -0.62%, -0.96%, and 16.52% month-on-month, respectively.

In May, when the sales restriction policy was relaxed, the number of second-hand housing listings in Hangzhou stopped falling and turned up, and the growth was rapid.

Dongguan's transaction volume topped the list

  Compared with the sharp increase in the number of second-hand housing listings in Suzhou and Hangzhou, the growth in listings in Dongguan, Nanjing, and Jinan is slightly inferior, and it may take some time for the policy to be transmitted to the sales side.

  On May 14, Dongguan City issued a document clearly relaxing the sales restrictions, changing the value-added tax exemption period from 5 years to 2 years, and the sales restriction period from 3 years to 2 years.

  A real estate agent in Dongguan City told Yicai that in May after the start of the New Deal, there were significantly more houses listed in Dongguan than before, and many listed houses were purchased for only two years and less than five years.

  However, Anjuke data shows that in May, the growth rate of listed houses in Dongguan was significantly lower than that in March and April. As of May 24, in May, the number of second-hand houses listed in Dongguan increased by 7.32% month-on-month, while the previous March And in April, the number of second-hand housing listings in Dongguan increased by 40.79% and 29.11% month-on-month respectively.

  Zhang Bo, chief analyst of 58 Anju Room Real Estate Research Institute, told Yicai that due to the rapid growth in March and April, the number of second-hand housing listings in Dongguan was already at a high level, so there was no significant increase in May. The impact of Dongguan’s policies on the market Not yet fully released.

  Surprisingly, the transaction volume of the second-hand housing market in Dongguan is relatively bright. According to Zhuge’s housing search data, in the 21st week of 2022 (5.16-5.22), 466 second-hand houses were sold in Dongguan, a month-on-month increase of 33.52%, ranking first in the increase. First place; followed by Suzhou, with a month-on-month increase of 11.53%, ranking second in the increase.

Nanjing's listings increased by 30,000 units in half a month

  On May 10, Nanjing adjusted the time limit for the sale of pre-sale commercial housing from the original 3 years for the title certificate to the 3 years for the contract record date.

  On May 25, a real estate agent on the Nanjing Shell Housing Platform told Yicai that since the relaxation of the sales restriction policy, the number of second-hand houses listed in Nanjing has increased by 30,000, and many resettlement houses have also begun to be listed.

Judging from the listed owners, there are many investors in northern Jiangsu.

"The volume of transactions has been very high recently," the agent added.

  Data from the Shell Research Institute shows that in May, the average daily number of second-hand housing listings in Nanjing increased by about 50% month-on-month.

However, Anjuke's back-end data shows that since March this year, the number of second-hand housing listings in Nanjing has not increased significantly. As of May 25, Nanjing's second-hand housing listings in March, April, and May have increased by 2.29% month-on-month. , -3.34%, -9.45%. In May, despite the loosening of the sales restriction policy in Nanjing, the decrease in the number of listings in Nanjing continued to expand.

The number of listings in Jinan has increased significantly

  Following the release of the property market regulation policy on May 22, on May 23, Jinan once again loosened the restrictions on the property market, stipulating that the restrictions on the sale of second-hand houses have been adjusted from obtaining a real estate property certificate for 2 years to a housing network in the restricted purchase area. .

  According to media reports, in one day on May 23, there was a surge of more than 4,000 second-hand housing listings in the background of an intermediary system.

  "I took 4 groups that day, and the next day I took two groups of clients. The owner felt that his listed price was low, so he directly increased the price by 300,000 yuan." A real estate agent in Jinan told Yicai that this set of 5 The house listed on March 23 was bought by the original owner for his own children. The house handed over in June 2019 has not yet been renovated.

He said that in recent days, because the new policy has shortened the time limit for sales, many houses have begun to be listed.

  Data from the Shell Research Institute shows that after the restrictions on sales were relaxed on May 23, the number of new listings of second-hand houses in Jinan has increased significantly in recent days.

Anjuke's background data shows that as of May 25, the number of second-hand housing listings in Jinan in March, April, and May increased by 7.95%, -12.98%, and -3.87%, respectively.

Although the number of listings in May continued to decrease month-on-month, it is clear that the decrease in the number of listings in Jinan in May has narrowed.

The market is active

  Liu Lijie, a market analyst at the Shell Research Institute, told Yicai that on the whole, the supply of second-hand housing in the short term is recovering.

  In March, the number of new listings of second-hand housing in Shell 50 cities increased by about 30% month-on-month, and fell by about 20% month-on-month in April. Among them, cities such as the Yangtze River Delta and Northeast regions suffered a larger decline under the influence of the epidemic.

New listings recovered in May. From May 1st to 24th, the average daily new listings in Shell 50 cities increased by about 10% compared with April.

Looking at the long-term period, the average value of new listings in the past three months has increased by about 40% compared with the average value of January-February this year, but it is more than 25% lower than the average value of the same period in 2020-2021.

In other words, the change in the number of new listings at this stage is the recovery growth at the low market level at the beginning of this year.

  Since the beginning of this year, although the real estate sales side has continued the downturn in the second half of 2021, with the recent introduction of policies, the decline in transaction volume has gradually narrowed.

According to a research report released by China Merchants Securities, in the first half of April this year, the sales of second-hand housing in the 13 sample cities it selected decreased by 33% year-on-year, 4 percentage points lower than that in March.

  Statistics from the Shell Research Institute also show that while the supply of second-hand housing is increasing, the demand for housing is also growing.

Since May, the average daily transaction volume of second-hand housing in Shell 50 cities has increased by about 10% compared with the average daily level in April. Among them, the average daily transaction volume of Suzhou and Xuzhou in May has increased by more than 130% compared with April, Nanjing has increased by more than 50% month-on-month, Jinan, Over 80% of cities such as Dongguan recorded a month-on-month increase in transaction volume.

  Despite the booming supply and demand of second-hand houses, the sales prices of second-hand houses still declined overall.

In May, among the above-mentioned five cities, except for Hangzhou, the average listing price of second-hand housing was on the rise, and the average listing price of Suzhou, Dongguan, Nanjing, and Jinan were all in a downward trend.

Anjuke data shows that as of May 25, the average listing prices of Hangzhou, Suzhou, Dongguan, Nanjing, and Jinan were 34,200 yuan/square, 21,900/square, 21,700/square, 27,200/square, 15,700 yuan per square meter, an increase of 0.75%, -0.26%, -0.24%, -1.56%, -0.43%,

  From a national perspective, the listing prices of second-hand houses have also declined as a whole recently.

According to statistics from the Minsheng Securities Research Institute, affected by the epidemic in April, the second-hand housing listing price index in first-tier cities fell by 0.4 percentage points month-on-month, second-tier cities fell by 0.6 percentage points, and third-tier cities fell by 0.5 percentage points.

  Liu Lijie said that after the epidemic was brought under control in cities around Shanghai and the Northeast region, the transaction volume of second-hand houses recovered rapidly, which shows that the epidemic will affect the rhythm of demand entering the market, but it will not make the demand for home purchases disappear.

With the increase in second-hand housing transaction volume, the real estate industry will gradually realize a virtuous circle.

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