Data map: A residential building in Hangzhou.

Photo by Guo Qiyu

  Chinanews Client Beijing, September 28 (Reporter Xie Yiguan) "The performance of the property market in September can still be considered better than expected, and the performance in September and October is likely to be better than the same period last year." 58 Anju Guest House Property Research Institute Branch Dean Zhang Bo said.

  Zhang Bo predicts that in the fourth quarter, the number of cities where the property market will be regulated will further increase, and the pace of gradual regulation and tightening in hot cities will continue, and the pace of regulation will also be more inclined to "fill loopholes" and protect the housing needs of homeless households. There will be no large fluctuations on the market.

  "In the third quarter, the real estate market has accelerated significantly. The total monthly transaction volume in the four first-tier cities has exceeded the same period last year. Shanghai and Guangzhou both have monthly transaction areas exceeding one million square meters, but the average transaction price of commercial residential buildings is fluctuating. Shows a downward trend.” 58.com and Anjuke released the "Conclusion Report on the Property Market for the Third Quarter of 2020", according to the report.

  Corresponding to the market performance, the confidence index of Anjuke homebuyers in the third quarter rose overall. It reached 111.7 in August. 55.1% of homebuyers believe that the government will continue to control and curb the rise in housing prices, and 48.3% of homebuyers believe that this year's property market transaction volume Will rise year-on-year.

  "In the third quarter, the search for new houses in the Beijing, Shanghai, and Guangzhou-Shenzhen regions all increased year-on-year, and the search for new houses in 9 cities around Guangzhou and Shenzhen increased by 27.4% year-on-year. The popularity of new houses in Foshan and Huizhou was higher than that in Shenzhen. "The report shows that among the new first-tier 15 cities, Xi’an’s new house search enthusiasm ranks first, followed by Wuhan, Chongqing, and Chengdu. From a year-on-year perspective, new house search enthusiasm in Xi’an, Chengdu, Changsha, Hangzhou, Nanjing, and Dongguan all increased year-on-year. 20%.

The screenshot is from the "Property Market Summary Report for the Third Quarter of 2020"

  "In terms of second-hand housing, from April to September, the popularity of second-hand housing visits both increased year-on-year. Among them, in the third quarter, the popularity of second-hand housing search in Shanghai was still leading in the first-tier cities, and the popularity of second-hand housing search in Beijing and Shanghai increased by more than 30% year-on-year. In the new first-tier cities, similar to the first half of the year, the popularity of second-hand housing visits in Chongqing, Chengdu, and Shenyang ranked the top three. The popularity of second-hand housing visits in Chengdu, Xi’an and Changsha increased by more than 10% year-on-year."

  "It is worth noting that the tightening of the overall real estate financing will have a deeper impact on the market. On the one hand, it will pose a greater challenge to the scale of real estate enterprises, and it will also affect the later development of high debt real estate enterprises. On the one hand, it will further raise the threshold for buyers of more than two sets of houses, which will significantly suppress investment demand." Zhang Bo said.

(Finish)