Our reporter Meng Ke
On July 15, data released by the National Bureau of Statistics showed that in June, the sales prices of commercial housing in 70 large and medium-sized cities generally stabilized month-on-month.
In addition, property sales and investment data are also showing signs of recovery, further pointing to more signs of a stabilizing property market.
Beijing leads first-tier cities in growth rate
Data show that in June, the sales price of new commercial housing in first-tier cities rose by 0.5% month-on-month, an increase of 0.1 percentage points from the previous month;
Among them, in terms of new commercial housing, the price of new houses in Beijing increased by 0.8% month-on-month, leading the first-tier cities.
Shanghai, Guangzhou and Shenzhen rose by 0.5%, 0.3% and 0.2% month-on-month respectively.
In terms of second-hand residential sales, prices in Beijing and Guangzhou both rose 0.5% month-on-month, Shanghai rose 0.2% month-on-month, and Shenzhen prices were relatively flat, down 1% month-on-month.
"The rise in housing prices in first-tier cities has continued to increase, and both first- and second-hand housing prices have increased month-on-month." Zhang Bo, director of the branch of 58 Anju Room Property Research Institute, told the Securities Daily reporter that the prices of new houses in first-tier cities rose month-on-month, among which Beijing , Shanghai is the most obvious, which shows that the first-tier cities have strong demand support, coupled with the existence of price restrictions on new houses, the market attention has remained at a high level for a long time, and this trend is expected to continue.
In June, among the 70 large and medium-sized cities, 31 and 21 cities saw a month-on-month increase in the sales prices of new commercial housing and second-hand housing, an increase of 6 from the previous month.
"On the whole, with the gradual emergence of the unbinding effect of the property market policy, the first-tier cities have taken the lead in recovering, and they have begun to rotate to strong second-tier cities." Chen Xiao, a senior analyst at Zhuge Housing Search Data Research Center, told the "Securities Daily" reporter, In June, the number of cities with rising prices of new and second-hand houses both increased, the price declines narrowed, and the signs of recovery became more and more obvious.
It has become a consensus that the real estate market will gradually recover, and it is expected that the market will improve significantly by the fourth quarter.
The bottom of the market is stabilizing
Data show that from January to June, the national real estate development investment was 6,831.4 billion yuan, a year-on-year decrease of 5.4%; of which, residential investment was 5,180.4 billion yuan, a decrease of 4.5%.
In terms of market-side sales indicators, from January to June, the sales area of commercial housing was 689.23 million square meters, a year-on-year decrease of 22.2% (the previous value was a year-on-year decrease of 23.6%); among which, the sales area of residential buildings decreased by 26.6%.
The sales of commercial housing were 6,607.2 billion yuan, down 28.9% (the previous value was down 31.5%); among them, the sales of residential buildings fell by 31.8%.
According to data from the China Index Research Institute, the downward trend in the area and amount of commercial housing sales has eased. Narrowed by 13.5 and 16.9 percentage points, the bottom of the market has gradually stabilized.
Chen Wenjing, market research director of the Index Division of the China Index Academy, said that in the short term, the national real estate market is showing signs of stabilizing, but the steady recovery still faces certain pressures.
In terms of funds in place, from January to June, the funds in place for real estate development enterprises were 7,684.7 billion yuan, down 25.3% year-on-year (the previous value was down 25.8% year-on-year).
Among them, domestic loans were 980.6 billion yuan, down 27.2%; foreign capital was 5.5 billion yuan, up 30.7%; self-raised funds were 2,722.4 billion yuan, down 9.7%; deposits and advance receipts were 2,460.1 billion yuan, down 37.9%; personal mortgage loans were 1,215.8 billion yuan Yuan, down 25.7%.
"As the sales end shows signs of improvement, the funds in place for real estate companies will improve simultaneously." Wang Xiaoqiang, chief analyst of Zhuge Housing Data Research Center, said that next, the indicators of funds in place for real estate companies are more important, because deposits and advance receipts, personal Mortgage loans still account for a relatively high proportion of the funds in place for housing companies, so increasing sales collections in the short term is still the top priority for housing companies and the industry.
(Securities Daily)