China News Agency, Beijing, May 6 (Reporter Pang Wuji) The pace of the recovery of the Chinese property market has gradually accelerated, but at present the housing prices in major cities are still basically stable.
Chen Wenjing, deputy director of the index business department of the Central Index Research Institute, pointed out at an online situation analysis meeting on the 6th that from January to April 2020, the price of new houses in China's 100 cities has increased by 0.43%, a decrease of 0.40 percentage points from the same period last year. The cumulative increase is still the lowest in the same period in the past five years.
In April, the recovery of the property market continued, and some hot-selling properties appeared in some cities, but the increase in house prices did not increase significantly. According to data released by the Middle Finger Institute, in April 2020, the average price of new residential buildings in Baicheng was 15,233 yuan per square meter, an increase of 0.25% month-on-month. Last month, this data rose 0.14% month-on-month.
The transaction size also reflects a similar trend. According to data from the Central Index Institute, from January to April 2020, the average monthly transaction area of commercial housing in 50 cities is about 17.81 million square meters, and the transaction scale is still in the low range of nearly ten years, a year-on-year decrease of about 30%.
Among them, in April, the year-on-year decrease in transaction area was narrowed by 15 percentage points compared with March, with a month-on-month increase of nearly 30%.
From the more flexible weekly data, the transaction scale of 28 cities has steadily increased since the second half of February, and the weekly transactions in the middle and late April gradually approached the level before the epidemic. There are obvious signs of recovery in the property market, but there are large differences between regions.
Looking forward to the future market, the Central Index Institute believes that the main tone of the property market regulation will remain unchanged, and the central government will continue to adhere to the "housing, housing, and speculation" orientation to maintain the continuity and stability of the real estate financial policy. Guided by the government's policy of "stabilizing land prices, housing prices, and expectations", local governments will still flexibly implement policies based on the city to ensure the smooth operation of the real estate market.
In April, Shenyang, Nanjing, Chongqing, Nanchang, Wuxi, Zhongshan and other places introduced or upgraded talent policies to increase talent housing security; Jiaxing and other places made small adjustments to the provident fund loan policy; Was "halted", and quickly withdrew after the introduction of regulatory policies. (Finish)