Optimizing property market sales restriction policies in many places: Release and improve demand, and the number of listings has increased significantly

　　Chinanews.com, March 11th (Zuo Yukun, reporter from Chinanews Finance and Economics) The easing policy on the real estate demand side continues.

　　Following the optimization of purchase restriction and loan restriction policies, the optimized sales restriction policy of canceling or shortening the sales period of commercial housing is becoming one of the directions for the regulation and control of the property market in various places.

Data map: A view of the city.

Photo by Wang Xiaobin

The sales restriction policy has been optimized in many places, and the first-tier cities have also

　　On March 10, it was reported on the Internet that the Shenzhen Shenshan Special Cooperation Zone adjusted the purchase restriction and sales restriction policies. In response, the staff of the Shenshan Housing and Construction Water Affairs Bureau responded to the media, saying, "The purchase restriction has been released, but only for natural persons. The sales restriction period has been adjusted to two years."

　　Shenzhen Shenshan Special Cooperation Zone is the first special cooperation zone in China. Shenzhen fully leads the economic and social affairs of the cooperation zone, and provides comprehensive policies and policies in accordance with the "10+1" (Shenzhen 10 districts + Shenshan Special Cooperation Zone) model. resource support.

The close relationship between the Shenshan Special Cooperation Zone and Shenzhen has also given people a hint of the loosening of the sales restriction policy in first-tier cities.

　　The complete cancellation of the purchase restriction policy is a more vigorous relaxation.

According to Li Yujia, the chief researcher of the Housing Policy Research Center of the Guangdong Provincial Urban Planning Institute, the policy of withdrawing from the purchase restriction is supplemented by a two-year sales restriction, which can reflect the discouragement of short-term transactions and adhere to the principle of "housing to live in and not to speculate".

　　Optimize the purchase restriction policy represented by narrowing the purchase restriction area, lower the qualifications and thresholds for purchasing houses, and relax the purchase of houses by multi-child families and elderly families, and optimize the loan restriction represented by optimizing the "recognize the house and subscribe for the loan" policy and adjust the first house identification standard Policies, which have appeared frequently in the current round of policy optimization in various places, have also played a pivotal role in the recovery of the property market.

　　When the industry has entered a period of in-depth adjustment, the sales restriction policy of "playing support" has been adjusted more often before, and there are more opportunities to appear on the stage.

　　On March 7, Changzhou, Jiangsu adjusted and optimized real estate-related policies, which canceled the two-year sales restriction period for new houses, and they can be listed for trading after obtaining real estate title certificates.

　　On February 20, Yangzhou, Jiangsu Province will no longer implement the restrictions on sales for the past three years in response to the demand for improved housing: for those who newly purchase improved housing in the urban area, the original housing can be listed for trading after obtaining a real estate certificate.

　　On February 16, Huizhou, Guangdong adjusted the sales restriction period. Since February 16, Huizhou has adjusted the sales restriction period of commercial housing (including newly-built commercial housing and second-hand housing) from the original "transfer after obtaining the real estate title certificate for 3 years" to "acquisition The real estate title certificate can only be transferred after 1 year."

　　According to the monitoring data of the middle finger, since 2022, nearly 40 cities such as Nanjing, Xi'an, and Suzhou have successively optimized the sales restriction policy, some cities such as Dalian and Lanzhou have canceled the sales restriction, and the cities that have introduced relevant policies continue to expand.

Data map: Citizens pass by a building.

Photo by China News Agency reporter Zhang Yun

Optimize sales restrictions, and the number of listings has increased significantly

　　The direct purpose of the adjustment of the sales restriction policy is to strengthen the liquidity of second-hand housing.

　　Taking Huizhou as an example, a local real estate agent told Zhongxin Finance and Economics that the landlords in the area he was responsible for responded to the policy very positively and quickly.

Previously, an average of five or six new second-hand houses were listed in the area every day. On the day the new policy was released, seventy to eighty second-hand houses were listed.

　　"Huizhou's sales restriction policy was implemented in 2017, and it was also the hottest point in the real estate market. After nearly six years of policy adjustments, there will definitely be a batch of second-hand houses listed on the market, most of which are second-to-new," he said. express.

　　Li Yujia pointed out that optimizing sales restrictions will help the cycle of real estate transactions: "It usually takes 3-4 years from online signing to delivery to obtaining certificates. At present, the developer's capital chain is tight, and the delivery cycle is further lengthened. Years, the secondary transaction listing time is expected to be 7-8 years, which will have a certain impact on reasonable replacement. Under the background of promoting a virtuous cycle of housing and encouraging housing improvement, the optimization policy is reasonable."

　　However, the above-mentioned real estate agency also mentioned that during the process of taking a look, he felt that the mentality of some buyers had changed.

"Clients will feel that there are more houses to choose from, and there are a lot of comparisons, so they will think about waiting, maybe they can pick up a miss and buy a cheaper one."

　　"From the perspective of promoting transactions, promoting improvement, promoting the cycle of new and second-hand houses, and driving the entire chain cycle of the real estate industry, it is inevitable to optimize or withdraw the sales restriction policy. What the policy can do is to focus on the demand side and increase Demand will be used to hedge the incremental supply, thereby buffering the downward pressure." Li Yujia said.

　　"For third- and fourth-tier cities, the room for current policy optimization is relatively limited. With the relaxation of policies such as purchase restrictions and loan restrictions, the adjustment of sales restriction policies has become the choice of most cities to promote rigidity and improvement. Sexual housing demand will be released." Chen Wenjing, director of market research at China Finger Research Institute, believes that in the short term, more third- and fourth-tier cities may cancel sales restriction policies, open up the second-hand housing replacement chain, and promote improved demand release.

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