Tuesday, March 1, 2011

Hongwei property control or cause the failure of adjustment of house prices (real estate Review)

 Hongwei: property control or cause the failure of adjustment of house prices (real estate Review)
Hongwei
 last March was a watershed in the property market, to the end of last year, the property market in the regulation of the power under the New Deal, and the property market take a break at the beginning of this year, after the break, but it is another climax: Entering March, regardless of the field in Beijing, Shanghai, Guangzhou, Hangzhou is the local property market has strong momentum. According to the Central Plains real estate monitoring, Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Chongqing, Chengdu, Wuhan, Hangzhou and other nine cities in the survey data, land, housing market continued to maintain the Festival continued to pick up the trend, which has initially revealed second-hand housing market, In all recovery in March, the property market seems to have revived. a lot of information for home buyers who make a lot of emotion: the more stressed the more property prices rose, the end of the first round of last year has been the failure of regulation do?
in Shanghai, Lilin language Paul River, a day sold out! New West is still the sea, a day sold out! Jiading Poly homes, day sold out! Baoshan Bay, Hong Yi, a day sold out! When everyone still immersed in the 1801 sets ; opening day to all sold out! policy only under high pressure is only 3 months gone now, is back.
experienced in March in the haze of the first two weeks after the third week of March, the Shanghai real estate transactions soared. statistics , the third week of March 3503 sets a local real estate transactions, the chain increased 40%; transaction area of a total of 324,500 square meters, 32% qoq. The data show that since the New Year to March 9, Shanghai, the city has traded price 5 yuan / 244 square meters of luxury units, turnover 4.368 billion yuan. And from March 9 to March 15, the data update: average 50,000 yuan / square meters of luxury turnover of 277 sets, 4-5 yuan / square meters of high-end residential transactions are also 327 sets of data are both the same period last year, 19.7 and 5.7 times. from the project's closing price of view, showing the more expensive real estate rose faster trend.
Bank of Japan has said China is unlikely to experience the last century, Japan is facing 90 years asset price bubble burst, but the rapid outflow of foreign capital or lead to adjustment of the Chinese real estate prices. The report said China's current asset prices higher, mainly due to Urbanization has brought the real demand-driven. This is the last century, more by speculative funds in Japan to promote the formation of asset price bubbles are different. Chinese companies funding most of the expenditures are internal reserves, reducing the risk of future debt overweight. Thus, even the Chinese real estate prices began to fall, the adjustment will not be like the Japanese 90's of last century as serious. But the report also pointed out that overseas hot money inflows and the Chinese local government initiatives to accelerate real estate development, may lead to overheating of the housing market. If Investors began to worry that asset prices in China, or will face adjustment may be, they may withdraw funds, which will intensify the adjustment.
their prices real estate investment income ratio is to determine the most sensitive indicator of health of the real estate market is also a measure of the importance of reference . cost of rent for a house rental price ratio = (year) / price (not including decoration and taxes). If this ratio is less than 4.5%, then the price bubble in the region; if the ratio of higher than 5.5 %, the housing there are still room for appreciation. In a series of data released by the Department of Homeland report, the first reference to Monitoring the city's residential market has a serious bubble. Earlier, the index has been only limited evaluation use within the Department of Homeland.
retaliatory prices rose after two sessions, but in late spring in the pocket of a circle, but also exposed ugly face, impatient, indicating that poor developers money fast, regardless of the confrontation with the consequences of housing market regulation, to start a new round of crazy, although the failure of the first round of property control, but their hearts are pounding snare drum, the most in the housing market dangerous moment, not to Po Po, the side of the housing market worried about a new round of waving the big stick of regulation, the side of concern overseas funds and real estate rapid outflow of capital, resulting in universal condemnation, the Chinese real estate prices eventually adjust.

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