Chinanews.com, January 4th (Zuo Yukun, reporter from Zhongxin Finance and Economics) During the New Year's Day holiday that just passed, Xiaojing, a real estate agency in Beijing, experienced three busy days.

  "The number of contracts signed during the first and last two days of the holiday is the largest. According to our background, it can reach more than 300 sets per day, which is more than double that of ten days ago. But the popularity has already picked up before the holiday, probably from December 25th Since last weekend, we have obviously felt busy." Xiaojing said.

  The middle finger monitoring data also shows that during the New Year’s Day holiday in 2023 (December 31-January 2), the transaction area of ​​newly-built commercial housing in key monitored cities will increase by more than 20% compared with last year’s New Year’s Day holiday (January 1-3, 2022) .

Data map: A residential building in Beijing.

Photo by Zhongxin Finance and Economics Zuo Yukun

The popularity has picked up, and the intermediary is busy again

  "I didn't rest for three days, and I have been negotiating orders. The biggest feeling is that everyone's enthusiasm for buying a house has increased. Before, we had to find houses and send them to customers every day. Now we are too busy to deal with the needs of customers who actively come to consult. It is." Xiao Jing said.

  The monitoring data of the middle finger shows that, driven by multiple positive factors, the number of visits to sales offices in some cities has increased, but the market differentiation in different cities is still intensifying. The transaction area in core cities such as Beijing, Shanghai, Hangzhou, Wuhan, and Wenzhou has increased compared with last year's New Year's Day holiday. Market activity picked up.

  "The main reason is that everyone's health has recovered a lot recently, and their mentality has also relaxed. They are all willing to come out to view the house. Most of the people who come to consult now want to settle the house before the year, so they are more anxious. 11, 12 The monthly backlog of demand has been released." Xiaojing said that from the perspective of housing sources, the inventory of second-hand housing has been at a high level recently, and there are also many low-priced housing sources, which are very attractive to buyers.

  But Xiaojing also said that the current heat of the market is mainly reflected in house inspections and some transactions, which have not yet driven a significant increase in prices.

The transactions are mainly rigid-demand housing, and in Beijing, the total price is around 4.5 million to 6.5 million houses.

  "However, there are also some properties that sell very well. They can sell one set almost every day in the past week, which has brought about price fluctuations. The difference can be about 500,000 yuan." Xiaojing said that the recovery of just needed is also every round At the beginning of the cycle, it is expected that the price will increase significantly after the year. I and my colleagues are very optimistic about the arrival of "Xiaoyangchun" in March to April next year.

A property under construction in Guangzhou.

Photo by Fan Shaopeng

Policies still have room for continuous optimization

  On January 1, with the re-pricing of the stock mortgage interest rate, many home buyers with loans have received text messages about the drop in interest rates.

  "I checked the repayment plan of my provident fund center. In January, the repayment is still normal. In February, I can pay back tens of dollars less." A citizen told reporters that he called the housing provident fund hotline for consultation, and the staff said The mortgage interest rate has indeed been adjusted, and no personal operation is required.

  In the past year, the continuous implementation of policies such as the relaxation of the lower limit of the first-home loan interest rate has lowered the threshold and pressure for home buyers.

Behind the pick-up in the popularity of house inspections and house purchases, various places are also making moves to create a positive and favorable environment for the healthy development of the market.

  For example, according to the press conference held by the Henan Provincial Government Information Office on the 3rd, this year, Henan will further activate the real estate market, cancel and adjust the restrictive policies that hinder the release of consumer demand during the overheating period, improve the identification standards for second homes, and support centralized group purchases. Housing, encourage all localities to combine affordable rental housing and talent housing collections to accelerate the destocking of commercial housing, etc.

  The "peace of mind" cast by Henan is considered to fully reflect the determination of local governments to open up new paths, provide new mechanisms, and create a new environment for the healthy development of real estate in the new year.

Since December 2022, more than ten hot cities, including Zhengzhou, Chongqing, Chengdu, Dongguan, etc., have launched new policies for the property market, and have joined forces with previous policies to form a "combined fist".

  The Spring Festival is approaching, and with the adjustment of the epidemic prevention and control policy, efforts to return home to buy properties and boost consumer demand have once again become the focus of the real estate industry, especially the next stage of work in third- and fourth-tier cities.

  The monitoring data of the middle finger shows that the differentiation of the real estate market intensified during the New Year's Day holiday, the core first- and second-tier cities are hot, and the sentiment of buying houses in most third- and fourth-tier cities is still at a low level.

  "Recently, I have been paying attention to the real estate policies in various places, and found that many places have introduced various subsidies, lower down payment ratios and other benefits, and buying houses is becoming more and more time-saving and money-saving. So I am still looking at houses but not in a hurry to sell them. I want to Wait and see if there will be stronger policies in your city.” A consumer who is willing to buy a house in a fourth-tier city told reporters that the adjustment of policies such as purchase restrictions, interest rates, and school districts is what he is most looking forward to at present.

  "In 2023, the intensity of city-specific policies is expected to be further increased, especially in the core first- and second-tier cities, which may continue to reduce the cost of home purchases and lower the threshold for home purchases. Among them, the policies of second-tier cities are expected to be fully liberalized, and the policy space of first-tier cities is also larger." Middle Finger Research Chen Wenjing, director of market research at the index business department of the Academy, said that with the continuous optimization of policies in core first- and second-tier cities and the further improvement of the superimposed epidemic situation, the core city market is expected to gradually stabilize and recover.

  "From a national perspective, as residents' income expectations and housing price expectations have improved significantly, the earliest time for the national market to stabilize may be in the second quarter of 2023." Chen Wenjing said.

(use up)