The cancellation of the second-hand housing guide price in many places shows that the trend of housing cooling in the school district is obvious, the demand for improved housing purchases is more important, and the real estate market is expected to continue to increase.
Real estate regulation can only achieve the best effect by prescribing the right medicine and correcting it in time.
Since the beginning of this year, many places have cancelled the guide price of second-hand housing, which has caused concern.
According to statistics, since last year, most of the 15 cities in the country that have implemented the guide price of second-hand housing have cancelled the policy.
The second-hand housing guide price, also known as the second-hand housing transaction reference price, mainly suppresses speculative investment and stabilizes market transactions by controlling the listing price and limiting the loan amount.
After the introduction of the policy, the second-hand housing market in most cities has cooled to varying degrees, and the transaction volume has decreased.
However, some people believe that the practice of using administrative means to intervene in market prices is not conducive to the release of market increments.
The importance of second-hand housing transactions to the property market is self-evident, and it is even regarded as the weather vane of the real estate market.
What are the signals sent by the cancellation of the guide price of second-hand houses in many places?
First of all, the cooling trend of housing in the school district is obvious.
In many cities where housing prices are rising too fast, the role of school district housing cannot be ignored.
In the past few years, the hype school district housing atmosphere has risen one after another. In some cities, some old communities have been hyped up to sky-high prices.
In this regard, some cities take advantage of the situation to restrict behaviors such as price gouging and hyping school district degrees, and supervise the listing of houses, and refer to the transaction prices of the local real estate market to form a reference price for second-hand houses.
This is reasonable and is an important means to stabilize people's livelihood.
After the introduction of the policy, the behavior of hyping housing in the school district has been cooling down. With the cooperation of the multi-school zoning policy, the educational function of the house has been weakened and the residential function has been strengthened.
After the cancellation of the second-hand housing reference price, all localities should still be alert to the resurgence of hyped school district housing behavior.
Second, the demand for improved housing has received more attention.
Although the introduction of the second-hand housing reference price mechanism has suppressed speculative demand to a certain extent, the one-size-fits-all approach in some cities has also caused some restrictions on the buyers of just-needed houses, which is not conducive to stimulating market vitality.
Meeting the demand for improved housing purchases is conducive to the release of market increments.
From the "Government Work Report" in March this year to the meeting of the Political Bureau of the Central Committee held at the end of July, it has successively proposed "meeting the reasonable housing needs of home buyers" and "supporting rigid and improved housing needs".
It can be seen that, with the support of policies, all localities will gradually pay attention to the demands of those who just need to buy houses, and the demand for improved housing will be further met.
Once again, the stability of the real estate market is expected to continue to increase.
The expected downturn is an important reason for the current sluggish property market in many places.
The new crown pneumonia epidemic has repeated, the population flow between cities has decreased, and the demand for housing purchases has been suppressed.
As the market enters the adjustment stage, the guidance price of second-hand housing will be cancelled in due course, which will help improve the expectations of both buyers and sellers.
For local governments, they hope to send a positive signal by canceling the guide price of second-hand houses and raise the expectations of home buyers and owners.
Not long ago, after the Politburo meeting of the Central Committee first proposed "guaranteing the handover of buildings", a series of measures to stabilize expectations have continued to be launched. All localities have made full use of the policy toolbox to help restore confidence and promote market recovery.
It needs to be seen that, as one of the means to curb real estate speculation such as leveraging, the role of second-hand housing price guidance cannot be ignored, but this regulatory policy is only a short-term adjustment method and is not suitable for long-term use.
In different locations and locations in the same city, housing prices are often flexible to a certain extent. Using the same guide price across the board will further aggravate the unevenness of the market.
With the deepening of external adjustment and market self-repair, the real transaction price of second-hand housing will gradually emerge.
The market wind direction is unpredictable, and policies need to keep pace with the times.
Since the beginning of this year, under the continuous superposition of factors such as the epidemic, the real estate market has been sluggish.
According to the latest market situation, it is very necessary to weigh the pros and cons and adjust the policy in a timely manner.
For real estate regulation, it is difficult to have a one-step solution, and only the right medicine and timely correction can achieve the best results.