On April 11, Qingdao's online real estate website published the activity rules of "2121 Qingdao 111-day Wandian Consumer Season Online House Exhibition", and the policy of restricting the purchase and sale of Qingdao's property market became loose, which aroused market concern.

However, on April 3rd, the client of Zhongxin Jingwei called the hotline of Qingdao Real Estate Registration Center, and the staff of the center first said that the above documents had been revoked, and later said that the specific details and rules had not yet come out, and the previous policies were temporarily implemented. The Qingdao Housing and Urban-Rural Development Bureau, which formulated this policy, has not responded positively. As of press time, the above documents are still displayed normally on Qingdao online real estate website.

has the policy been implemented? -the response is inconsistent

On April 11, the website "Qingdao Online Real Estate" jointly sponsored by Qingdao Real Estate Registration Center and Qingdao Housing Exchange Center released the rules for the activities of "2121 Qingdao Hundred Days Shopping Season Online Housing Exhibition". The activity rules * * * have nine policies, of which Articles 4 and 5 are related to the restriction of purchase and sale respectively.

activity rules of "2121 Qingdao 111-day Wandian Consumer Season Online House Exhibition". Source: Qingdao Online Real Estate website

Article 4 states that we should stick to the orientation of "staying in a house without speculation" and continue to implement the purchase restriction policy. However, if a resident family only occupies a part of a house due to inheritance, demolition and other reasons, it will not be counted as owning a house.

Article 5 states that if the demand for improved housing is encouraged, and more than 1 original houses are sold and 1 new houses are purchased, the original houses shall be obtained with the Certificate of Immovable Property for two years, and the online signing of the sales contract shall be put on record, or the online signing of the entrusted agency contract shall be put on record after the intermediary agency is entrusted to sell and handle the online signing of the entrusted agency contract.

According to the policy issued by the former Qingdao Municipal Bureau of Land, Resources and Housing in April 2118, if a household only occupies a part of a house, it will be counted as owning a house; Newly-built commercial housing and second-hand housing purchased within the urban area of Qingdao need to obtain the Certificate of Immovable Property Rights for five years before they can be listed and traded. In contrast, this time, the purchase restriction policy of "a part of a house is calculated by owning a house" was cancelled, and the sales restriction was reduced from the previous five years to two years.

On April 3rd, the client of Sino-Singapore Jingwei was informed by consulting many departments of Qingdao Housing and Urban-Rural Development Bureau (hereinafter referred to as "Qingdao Housing and Urban-Rural Development Bureau") and Qingdao Real Estate Registration Center that the above policy was formulated by Qingdao Housing Exchange Center under Qingdao Housing and Urban-Rural Development Bureau. However, the staff of Qingdao Housing Trading Center asked Zhongxin Jingwei reporter to consult Qingdao Real Estate Registration Center, which belongs to Qingdao Natural Resources and Planning Bureau.

Zhongxin Jingwei reporter called the hotline of Qingdao Real Estate Registration Center, and its staff said that the activity rules of "2121 Qingdao Hundred Days Wandian Consumption Season Online House Exhibition" had just been revoked from Qingdao online real estate website, and the specific reasons were not clear. However, the reporter of Zhongxin Jingwei can still find the document on this website.

Zhongxin Jingwei reporter called the hotline of Qingdao Real Estate Registration Center again, and another staff member also said, "It has been removed. We searched online this morning, but we couldn't find it. Then we asked and said that the Housing and Construction Bureau (Qingdao) had removed it because the documents were issued by the Housing and Construction Bureau." What is puzzling is that the document has been hung on the Qingdao online real estate website. Finally, the staff member said that he would consult the Qingdao Housing and Construction Bureau and let the reporter ask again later.

Later, the third staff member of Qingdao Real Estate Registration Center said, "We haven't received the official document (piece) either, and we just learned about the online real estate (this document was issued), and the document (piece) was issued by the Housing and Construction Bureau (Qingdao) instead of our unit. But the details and rules haven't come out yet, and we haven't received the formal notice. Please call again when they come out with the formal details next week. Doing business now is still carried out according to the previous policy. "

The staff of Qingdao Housing and Construction Bureau Office and Qingdao Housing Trading Center have never responded positively to the contents of this document, but only asked to consult Qingdao Real Estate Registration Center.

Zhang Dawei, chief analyst of Zhongyuan Real Estate, thinks that there are "one-day tours" in many cities at present, or "new policies have been introduced but they dare not say", which makes it difficult for the market to accurately guess the bottom line of regulation, and suggests maintaining the consistency of policies.

influence geometry? -strong demonstration effect

Recently, policies to relax the regulation of the property market have come and gone, but most of them have become "day trips". On March 7th, the website of Jinan New and Old Kinetic Energy Conversion Pioneer Zone released a "Correction Statement", which was previously released as "The purchase of two-star and above green building commercial houses within the jurisdiction of the pioneer zone is not subject to Jinan's purchase restriction policy". On March 2, Baoji City, Shaanxi Province proposed that banks should actively strive to reduce the down payment ratio of the first set of housing loans, and the maximum amount of provident fund loans was raised from 411,111 to 511,111, after which relevant documents were removed.

on March 3rd, Guangzhou loosened the business service items, but in the new version of the document released on March 5th, the policy of "business service items are no longer limited to the minimum division unit and sales targets" was deleted. On February 21, Zhumadian City, Henan Province proposed to reduce the down payment ratio of provident fund loans to purchase the first suite, but soon after, the policy was withdrawn.

"There are different policies in different places, but all of them have been revoked as long as the media focus on reporting. This shows that in the process of implementing the" one city, one policy "property market regulation, all localities are too casual about introducing the property market policy. Some policies have obviously touched the bottom line of the policy and violated the general principle of' staying and not speculating'. " Zhang Dawei told the client of Sino-Singapore Jingwei.

activity plan of "2121 Qingdao Hundred Days Store Consumption Season". Source: Qingdao municipal government website

Different from the above-mentioned cities' property market liberalization policies, Qingdao's new property market policy is part of the "2121 Qingdao Hundred Days Store Consumption Season". On March 21th this year, the General Office of Qingdao Municipal People's Government issued the "2121 Qingdao Hundred Days Store Consumption Season". This "consumption season" will last for 111 days from March 23rd, and will focus on ten sectors, such as shopping, catering, tourism and housing sales, and implement eight measures, such as merchant concessions, government subsidies and financial assistance, so as to provide real money for market participants and consumers.

as for the housing sales sector, the above-mentioned activity plan points out that it is necessary to "optimize the regulation of the real estate market", and the activity rules of "2121 Qingdao 111-day Wandian Consumer Season Online Housing Exhibition" are the specific landing policies of the plan.

regarding the loosening of the regulation of Qingdao's property market, Yihan think tank thinks that there are differences between the policies issued by Qingdao and those withdrawn above, that is, Qingdao has only slightly relaxed the restrictions on purchase and sale, not completely relaxed them. In other words, Qingdao will continue to implement the underlying regulation logic of "staying in the house and not speculating". However, after the impact of the epidemic, in the current special economic environment, Qingdao has made policy for the real estate industry due to the city, slightly relaxed the restrictions on purchase and sale, and encouraged the demand for improved home purchases.

yihan think tank also said that after a small relaxation of the purchase restriction, the number of individuals who meet the purchase conditions has increased, which may release some new demand for house purchase, and thus have a positive role in promoting the real estate market. After the relaxation of restrictions on sales, it may not only help to promote improved housing consumption, but also make the second-hand housing market more active. The real estate regulation and control policies issued by Qingdao this time will help Qingdao's real estate market recover from the epidemic.

Zhang Dawei said that, on the whole, the loosening of Qingdao's New Deal is not strong, and it will not cause too much stimulus to the local market. However, in the case of frequent policy of "one-day tour" in many places, if Qingdao New Deal can be implemented, it may have a strong demonstration effect, and it is not excluded that other cities will follow suit.

under the influence of the property market regulation and epidemic situation, the inventory of new houses in Qingdao is increasing. According to the report released by Yiju Research Institute, in February this year, the transaction area of new commercial housing in Qingdao was 1.8 million square meters, down 72% from the previous month and down 61% from the same period last year. The inventory area was 14.74 million square meters, which was flat from the previous month and increased by 48% year-on-year. The growth rate ranked fifth among 111 cities. The ratio of deposit to sales was 13.4 months, up 1.5% from the previous month and up 39% year-on-year; The average transaction price is 14,794 yuan/square meter, which is about 6.94% lower than the high point of 15,898 yuan/square meter in February 2118. According to the statistics of China Index Academy, in the first three months of this year, Qingdao sold 17,235 sets of commercial housing, with an area of 1,989,511 square meters, down by 19.1% and 21.7% respectively.

in view of the implementation period of policies such as loosening restrictions on purchases and sales proposed in the activity rules of "2121 Qingdao 111-day Wandian Consumer Season Online House Exhibition", the staff of relevant departments of Qingdao Housing and Construction Bureau told Zhongxin Jingwei client that the implementation period of these policies is 111 days, that is, during the consumer season.