China News Agency, Beijing, July 15 (Reporter Pang Wuji) In June, the prices of new and second-hand houses in 70 large and medium-sized cities in China showed signs of cooling.
According to data released by the National Bureau of Statistics of China on the 15th, in June, the number of cities where the price of newly built commercial housing and the price of second-hand housing rose month-on-month in 70 large and medium-sized cities in China decreased compared with the previous month.
Among the 70 cities, the number of cities where the price of newly-built commercial housing increased month-on-month was 55, a decrease of 7 from the previous month; the number of cities where the price of second-hand housing increased month-on-month was 48, a decrease of 2 from the previous month.
While the number of price-increasing cities has decreased, the average price increase of new and second-hand houses in 70 cities has now narrowed.
According to statistics from the Zhuge Housing Search Data Research Center, the average month-on-month increase in the price index of new houses in 70 cities was 0.41%, which was 0.11 percentage points lower than the previous month; the average month-on-month increase in the price of second-hand housing was 0.28%, and the increase was narrower than the previous month by 0.02 percentage point.
It is worth noting that this is the first time that the number of cities where the price of new homes has risen has decreased and the price increase has fallen for the first time.
That month, the number of cities where the price of second-hand housing rose continued to decrease, and the price increase narrowed for two consecutive months.
Xu Xiaole, chief market analyst at Shell Research Institute, believes that the decline in the real estate market in June was mainly due to the tightening of the credit environment for housing purchases, especially the temporary suspension of loans for second-hand housing by some banks, which led to a correction in market expectations.
In the same month, second-hand housing prices in Hangzhou, Chongqing, Guangzhou, Chengdu and other cities have all narrowed month-on-month growth.
In addition, the guidance price of second-hand housing continues to release the effect of regulation.
Since the beginning of this year, Shenzhen, Xi'an, Chengdu and other places have established guide prices for second-hand housing.
In June, second-hand housing prices in Shenzhen fell for the second consecutive month from the previous month, and the year-on-year increase fell to less than 10% (8.7%).
In June, the price increase of new homes in second- and third-tier cities narrowed.
Sheng Guoqing, the chief statistician of the City Department of the National Bureau of Statistics, pointed out that the price of new houses in the second and third tier cities rose 0.5% and 0.3% month-on-month respectively, and the increase rate was 0.1% lower than the previous month.
Looking ahead, Xu Xiaole believes that the credit environment is tightening, and other cities may continue to follow up with the guidance prices of second-hand housing. The overall market is expected to be further adjusted. It is expected that the overall increase in housing prices in the later period will continue to narrow, and some cities with high new housing market enthusiasm may face Regulation is further tightened.