China News Service, Beijing, April 2 (Reporter Pang Wuji) 58 The "City Property Market Summary Report for the First Quarter of 2020" released by the same city and Anjuke on the 2nd showed that the search for new homes in China continued to pick up in March, up 30% month-on-month, of which, The increase in housing search in first- and second-tier cities is even more pronounced.

The report pointed out that in January 2020, due to the dual effects of holidays and the epidemic, the demand for new housing in various places was low and at a low point. In February, the nationwide housing search fever picked up. In March, with the epidemic prevention and control achieving certain results, the demand for housing in various places has increased significantly, and the peak of visits has occurred. The national housing search fever rose 28.2% month-on-month and 5.6% year-on-year. The increase in housing search enthusiasm in first- and second-tier cities is even more pronounced, with the chain growth rates exceeding 30%.

In the new first-tier cities, the most sought-after cities for new homes are mostly in the Midwest, with Xi'an, Chongqing and Chengdu as the top three.

It is worth noting that the report shows that in the first quarter, the number of people seeking housing in the surrounding areas of first-tier cities such as Beijing has increased significantly. In the first quarter, the housing search fever in the Beijing metropolitan area increased by 4.3% year-on-year and 17% month-on-month in the fourth quarter of 2019; the housing search fever in the Shanghai-Shanghai, Huan-Guangzhou-Shenzhen urban areas rose by about 5%. Among them, in the Guangxi-Shenzhen area, due to the integration of Guangzhou and Foshan, the housing search interest in Foshan has risen significantly, surpassing Shenzhen as the second most popular housing search city in the region.

In addition to the pick-up in housing prices, home buyers' confidence index also rose in March. The report shows that the confidence index of home buyers in the first quarter of 2020 is generally bullish. Among them, the confidence index in January was lower, which was 96, rose to 99.4 in February, and rose to 100.9 in March. A survey by the agency showed that 42.8% of home buyers in March thought that this year was a good time to buy a house, and 32.9% of home buyers thought that the transaction volume of the property market would increase year-on-year; 45.8% of home buyers made it clear that they planned to buy a house in the next year.

House prices in many places changed from falling to rising. According to statistics from the China Index Academy, in March 2020, the average price of residential properties in Baicheng was 15,195 yuan per square meter, an increase of 0.14% month-on-month, and a decrease of 0.24% last month. (Finish)