Tim Dong

　　A reporter from China Securities Journal recently conducted a survey on the Beijing property market and found that since the New Year's Day holiday, both new and second-hand housing transactions in Beijing have shown signs of recovery.

"Faster transaction speed and larger transaction volume" became the main vocabulary heard by reporters during the research process.

　　"Second-hand housing transactions in Beijing have become active. During the New Year's Day holiday, the transaction volume increased by more than 30% compared with the same period last year." Li Hua (pseudonym), a real estate agency manager in Xicheng District, Beijing, told reporters.

　　Second-hand housing transaction volume is large

　　According to Li Hua, due to the impact of the epidemic, the transaction of second-hand housing in Beijing will be relatively poor during the period from November 2022 to mid-December 2022. From late December 2022, the transaction of second-hand housing in Beijing will begin to recover. There is a small orgasm in stages.

　　Regarding regional differences, Pan Yun, a senior real estate salesperson in Beijing's Daxing District, told reporters that changes in the transaction prices of second-hand housing in Beijing have a greater relationship with the region where they are located.

At present, the transaction volume of houses on the second and third ring roads in Beijing has rebounded significantly.

In contrast, although the trading volume outside the Fifth Ring Road has also increased, it is not obvious.

"Overall, the stock of housing is selling faster than before."

　　During the reporter's investigation, many salespersons said that the recovery of sales during the New Year's Day in Beijing was largely due to the fact that the epidemic in December 2022 had a greater impact on transactions, and many transactions were postponed to the New Year's Day holiday.

　　According to statistics from the official website of the Beijing Municipal Commission of Housing and Urban-Rural Development, in December 2022, 8,773 second-hand housing units in Beijing were sold, a decrease of 18.4% month-on-month and a year-on-year decrease of 43.2%.

　　The real estate data of Maitian shows that in December 2022, the actual transaction volume and viewing volume have declined significantly compared with the previous month.

The reason for the decline in second-hand housing transactions in Beijing is that housing transaction activities are limited due to the impact of the epidemic, not because of the decline in demand in the market itself.

After the end of December 2022, the activity of the second-hand housing market in Beijing will pick up significantly, and the number of viewings will double compared with that in mid-December 2022.

As the impact of the epidemic weakens, the market is expected to improve further.

　　little change in price

　　"Recently, the price of second-hand housing in Beijing has basically not changed much, and the value of urban housing is better, but there has not been a significant increase. The price of housing in the suburbs is relatively stable." Several second-hand housing intermediaries told reporters.

　　An intermediary person in Haidian District told reporters that at present, the prices of some real estate properties in Haidian District have dropped slightly, especially for houses with a total price between 6 million and 7 million yuan. If the high loan also has higher requirements on the loan qualifications of home buyers, the transaction speed of houses in this price range is relatively slow, and the owner may reduce the price of the house in order to quickly complete the transaction.

　　"At present, the price concessions of properties eager to sell are more obvious, and the bargaining space for second-hand housing in December 2022 will be further expanded compared with November 2022. Due to the impact of the epidemic, the number of second-hand housing for sale has increased, and the room for bargaining prices of some housing has changed. Great, for home buyers, before the Spring Festival is a good time to buy a house.” Said the salesperson of Maitian Real Estate.

　　Regarding the trend of Beijing's second-hand housing market in January this year, many industry insiders believe that Beijing is currently recovering rapidly from the impact of the epidemic, and it is expected that the backlog of housing demand in November and December 2022 will be gradually released, regardless of the Spring Festival holiday factors Influenced by the impact, Beijing's second-hand housing transaction volume will usher in a significant rebound in January.

At present, the number of second-hand housing listings in Beijing is still at a high level, and the price is expected to be stable, and there will be no obvious fluctuations.

　　New housing transactions gradually returned to normal

　　The reporter learned from research that during the New Year's Day holiday, sales offices in the Beijing area gradually resumed normal inspections, and the transaction volume of some real estate rebounded significantly.

　　"During the three days of the New Year's Day holiday, a total of about 20 sets of real estate were sold. This sales volume has been at a high level since the opening. Since the project sold relatively quickly, after the adjustment of the regional purchase restriction policy, the price has increased. Some discounts have been launched during the New Year's Day holiday. activities, the price after the discount is about the same as before the price increase.” Wang Ming, a salesperson for a residential project in Taihu Town, Tongzhou District, told reporters.

　　Earlier, the official website of the Beijing Municipal Commission of Housing and Urban-Rural Development issued a document clarifying that the "double restrictions" policy on house purchases in the Taihu and Majuqiao areas of Tongzhou District, Beijing was cancelled.

　　Not only in Beijing, according to the New Year's Day transaction data disclosed by institutions, the activity of new housing transactions in core first- and second-tier cities has rebounded to varying degrees.

　　According to data from the China Index Research Institute, during the New Year's Day holiday in 2023, the transaction area of ​​newly-built commercial housing in key monitored cities increased by more than 20% compared with last year's New Year's Day holiday.

During the New Year's Day holiday, the diversification of property market transactions intensified, and the activity of the core first-tier and second-tier property markets picked up.

　　Chen Wenjing, director of market research at the Index Business Department of the China Index Research Institute, believes that the demand for housing purchases in some cities in December 2022 will be suppressed due to the epidemic, and some demand will be released during the New Year’s Day holiday; The release of housing consumption; real estate companies actively promote promotions and launch preferential activities; the low base in 2022 and the centralized online signing in some cities will also affect the data.

Driven by multiple benefits, 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, and Hangzhou increased compared with last year's New Year's Day holiday, and the market activity has picked up, but the sentiment of buying houses in most third- and fourth-tier cities is still at a low level.