Hangzhou's purchase restrictions are loosened, second-hand housing sales and "red disks" reappear
Hangzhou has more than 4,000 lottery lottery groups, and the winning rate is only 5.4%; the transaction volume of second-hand housing in the eight districts of the main city doubled from the previous month
"It's not that you can shake it if you want, it's not that you can shake it if you can." Since the second half of 2020, Liu Yu (pseudonym) has insisted on shaking the "red plate". Those who just needed small bamboo shoots in Xiaoshan, unfortunately, have all made "accompanying run".
The property market in Hangzhou, a "strong second-tier" city, has experienced ups and downs in the past three years, affecting the nerves of home buyers: the new home market has changed from "ten thousand people to new" to "fluttering", and has turned into "hot and cold differentiation"; second-hand housing The market is from "hot" to "extinguished", and then to "warming up".
On May 17 this year, Hangzhou issued a new policy to relax the purchase conditions for second-hand housing transactions.
"5.17 New Deal" has been introduced for more than a month, and new favorable policies have been superimposed. What is the real situation of Hangzhou's property market?
Fighting for luck and social security, Hangzhou ushered in the "red disk tide" during the year
More than 4,000 groups have signed up, the winning rate is 5.4%, and the social security threshold is "top"... At the end of June this year, Hangzhou ushered in the first red market this year.
On June 27, Hangzhou International Financial Center, a popular real estate located in the Jianghehui section of Hangzhou, announced the results of the registration lottery.
According to the project's "Intention Registration Shortlist Announcement", a total of 4,300 households were shortlisted for the project, including 342 high-level talent families, 866 homeless families, and 3092 ordinary families. The project launched a total of 232 houses. The overall winning rate is 5.4%.
4,300 shortlisted families are chasing 232 houses, and the competition is fierce.
According to the new house lottery regulations issued by Hangzhou in August last year, if the ratio of the number of people who are interested in buying a house to the number of houses is equal to or more than 10:1, they will be shortlisted according to the talent category and social security payment time.
Then, for homeless families and ordinary families, the minimum number of months of social security for Hangzhou International Financial Center is 197 months.
"16 years and 5 months, for a 'social security young child' like me, I don't even have to think about it. This is the 'old age', and it is enough to rely on the social security period of the elderly at home." Liu Yu said.
Why is Hangzhou International Financial Center so popular?
According to a reporter from the Beijing News, the project is located at the intersection of Qiantang River and the Beijing-Hangzhou Grand Canal in Shangcheng District, Hangzhou. Under the price limit, the average hardcover price of the project is 69,800 yuan/square meter.
The nearby Vanke Metropolis and Zhonghai Yudao second-hand houses sell for 100,000-120,000 yuan per square meter.
Lin Yue (pseudonym), a local real estate company practitioner in Hangzhou, told reporters: "The popularity of Hangzhou International Financial Center reflects the characteristics of Hangzhou's new housing market, that is, first- and second-hand houses are upside down. , the lower the winning rate. However, in some suburban sectors, such as Fuyang, Lin'an, etc., it is not difficult to win a new house."
In addition to the Hangzhou International Financial Center, the situation of the upcoming improvement properties New World Jiang Mingyue Langyuan and Haichao Wangyue City are also the same. It is because of the "interest spread" under the price limit that attracts people with "room tickets" and banknotes. High-end improvement crowd.
"There is a difference between this wave of red stocks and the '10,000 shakes' in early 2020. This wave of red stocks is concentrated in individual real estate. In sectors such as Qianjiang New City and Future Science and Technology City, such new stocks come out in seconds, but In other areas, such as Fuyang, Linping, Dajiangdong and other sectors, new properties cannot be sold out." Lin Yue said that the era of housing rush by the whole people in Hangzhou has ended, and the hot and cold differentiation of the new housing market has further intensified.
According to statistics from the China Index Research Institute, the transaction of new houses in Hangzhou is still in a cooling trend.
In May this year, 4,787 new residential buildings were sold in Hangzhou, a year-on-year decrease of 85.9%; the transaction area was 586,300 square meters, a year-on-year decrease of 85.1%.
In this regard, the executive vice president of the Zhejiang Branch of the China Index Academy said: "After the introduction of the '5.17 New Deal', the enthusiasm of home buyers to participate in the lottery has increased. The winning rates are lower than those before the New Deal. From this perspective, the New Deal has played a role in improving expectations for the new housing market, but the overall new housing market in Hangzhou is still in a situation of regional differentiation.”
According to the 100-city price index of China's real estate index system, from January to May this year, the price of newly-built residential buildings in Hangzhou remained stable, but the year-on-year increase showed a trend of narrowing.
Among them, in May, the price of new residential buildings in Hangzhou was 29,149 yuan/square meter, a year-on-year increase of 1.46%.
Zhang Bo of 58 Anju Room Real Estate Research Institute believes that the upside-down phenomenon of first- and second-hand housing prices in Hangzhou is worthy of attention. The method of limiting the price of new houses is indeed conducive to stabilizing house prices, but it is also easy to trigger housing rush behavior in the market. Due to the obvious price difference between first-hand and second-hand houses is invisible It will also stimulate the emergence of market speculation and speculation, and follow-up policy regulation can be targeted and optimized to meet the reasonable housing needs of more people.
The second-hand housing market is recovering, and "just need" is running
"It's been two years since I ran with you. It's too tiring to move a new house. I've been looking at second-hand houses recently. For a house buyer like me who only has four years of social security, there is basically no chance for the hot and good houses in the new house market." Liu Yu said with emotion.
After turning his attention to second-hand housing, Liu Yu found that Hangzhou's second-hand housing market has also undergone new changes.
On May 17 this year, Hangzhou's new property market policy relaxed the purchase conditions for second-hand houses.
Among them, for households with household registration in Hangzhou for less than 5 years, the original requirement of “payment of urban social security for 24 consecutive months within the scope of purchase restrictions in Hangzhou from 2 years before the date of purchase” is cancelled; The requirement that the urban social security or personal income tax has been paid continuously within the scope of purchase restriction in Hangzhou for 48 months from the 4 years before the date of purchase is adjusted to "the urban social security or personal income tax has been continuously paid within the scope of purchase restriction in Hangzhou from 1 year before the date of purchase. 12 months".
"The Hangzhou New Deal is very strong, mainly aimed at the loosening of the purchase restrictions on second-hand houses, especially the reduction of the threshold for non-registered house purchases to one year of social security or personal tax. For Hangzhou, a city with a large net inflow of population in recent years, this The relaxation of the restrictions on the purchase of second-hand housing will quickly release a batch of potential purchasing power, which will play an important role in the recovery of the Hangzhou property market." Zhang Bo said.
In fact, the "5.17 New Deal" has effectively stimulated the second-hand housing market in Hangzhou.
According to the statistics of the transparent home sales network sponsored by the Hangzhou government, in the month after the "5.17 New Deal" was introduced, the number of second-hand residential transactions in the eight districts of the main city of Hangzhou reached 5,143, a month-on-month increase of 112%.
In this regard, a high school student told the Beijing News reporter: "From a data perspective, affected by the lag in online signing, the second-hand housing transaction volume did not increase significantly within two weeks after the introduction of the Hangzhou New Deal, and the second-hand housing transaction volume was not significantly increased after the third week. Basically maintained at around 1500 units, compared with the second-hand housing weekly transaction before the New Deal, which was basically 500-900 units, a significant increase from the previous month. However, compared with the same period last year, the current Hangzhou second-hand housing transaction scale is still in a state of decline year-on-year. It is expected that The second-hand housing market in Hangzhou can maintain the current popularity, but it is difficult to reach the level of last year, and the overall scale tends to be stable.”
Judging from the listing of second-hand houses, the listings of second-hand houses in Hangzhou began to rebound significantly after the introduction of the "5.17 New Deal". According to statistics from the 58 Anju Room Property Research Institute, in May this year, the listings of second-hand houses increased by 43.44% month-on-month. , the listing price rose 0.81% month-on-month.
It is worth mentioning that although the "5.17 New Deal" had an immediate effect on second-hand housing transactions, from the perspective of transaction structure, in May this year, the total transaction price of second-hand houses in Hangzhou was less than 3 million yuan, accounting for more than 60%. More than 60% of the sales of houses with a unit size of less than 90 square meters are completed, which means that the just-needed customer group is becoming the main force of second-hand house transactions.
"Just need customers to buy second-hand houses and improve customer groups to shake new houses. This is the characteristic of the current Hangzhou property market. For homeowners who used to buy second-hand houses at high points, especially those who bought second-hand houses in hot spots in the city, psychologically They are reluctant to lower prices. Every homeowner wants to sell at a high price, but faced with the 'first- and second-hand housing interest rate difference', the buyers are unwilling to be a 'receiver'." Lin Yue said.
Written for this edition / Beijing News reporter Xu Qian