China News Service, August 2 (Zhongxin Finance reporter Zuo Yukun) Affected by factors such as the traditional off-season sales, institutional statistics found that house prices in July stopped rising and falling from the previous month.

　　On August 1, the data released by the China Index Research Institute showed that in July 2022, the average price of new residential buildings in 100 cities across the country was 16,204 yuan/square meter, a month-on-month increase and a decrease of 0.01%.

In terms of the number of rising and falling cities, 45 cities rose month-on-month, 47 cities fell month-on-month, 8 cities remained unchanged, and the number of declining cities increased by 6 compared with the previous month.

　　Among them, first-tier cities fell by 0.16% month-on-month and up 0.17% year-on-year; second-tier cities rose by 0.11% month-on-month and up 1.02% year-on-year; third- and fourth-tier representative cities were flat month-on-month, up 0.13% year-on-year.

　　The average price of second-hand housing in 100 cities across the country was 16,012 yuan/square meter, down 0.09% from the previous month, and the decline increased by 0.07 percentage points from the previous month.

In terms of the number of rising and falling cities, 29 cities rose month-on-month, 69 cities fell month-on-month, 2 cities remained the same, and the number of declining cities increased by 11 from the previous month.

　　Among them, first-tier cities rose by 0.14% month-on-month and up 1.38% year-on-year; second-tier cities fell by 0.08% month-on-month and up 0.58% year-on-year; third- and fourth-tier representative cities fell by 0.17% month-on-month and 0.23% year-on-year.

　　Changes in prices are closely linked to changes in the sales market.

Data show that in July, the sales of commercial housing in key cities decreased year-on-year, and the market size rose and fell.

According to preliminary statistics, the transaction area of ​​key cities in July fell by more than 13% month-on-month and about 27% year-on-year.

The decline in market transaction activity was affected by factors such as the traditional off-season sales and slowing supply.

　　Chen Wenjing, market research director of the Index Division of the China Index Research Institute, believes that the Politburo meeting at the end of July emphasized "to stabilize the real estate market", but "housing and not speculating" is still the bottom line for the optimization and adjustment of real estate policies; The main way to advance is to make full use of the policy toolbox.

Local demand-side policies will continue to improve.

　　Looking ahead, the national property market policy is expected to maintain a loose tone, the market is unstable, and the policy will not stop.

Local governments will continue to increase support for residential housing consumption, and policies such as purchase restrictions, loan restrictions, and sales restrictions in second-tier cities may be further optimized, while more administrative restrictive policies in third- and fourth-tier cities are expected to be completely abolished.

　　In addition, in the short term, "guaranteing the handover of buildings" will be the focus of local governments, and the government's assistance to bail out problem projects may increase.

With the continuous improvement of the property market easing policy and the continuous advancement of the government's various measures to ensure the delivery of properties, it is expected that the national real estate market is expected to gradually stabilize and recover.

(Finish)

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