Recently, the property market regulation policies have been issued in many places to promote the stable and healthy development of the real estate market. Jinhua, Zhejiang, Changsha, Hunan, Changchun, Jilin, Ziyang, Sichuan and other places have successively launched the "combination boxing" of real estate regulation and control policies. Insiders pointed out that in the future, local governments are expected to further launch support measures for the demand for reasonably improved home purchases. As the impact of the epidemic weakens, the real estate sales end is expected to stabilize.
The number of cities with "loose policies" continues to increase
Recently, many regions have issued a series of policies for the real estate market.
On May 7th, the Changsha Municipal People's Government announced that from May 6th, families in the restricted area of Changsha can buy a second set of commercial housing after four years of online signing of the first set of commercial housing or obtaining the real estate ownership certificate. Compared with Changsha's previous policy: if the first set of real estate ownership certificate of commercial housing in Changsha has been purchased for 4 years or the online signing of housing transaction contract has been filed for 6 years, the second set of commercial housing in Changsha can be purchased. According to industry insiders, this move will release the purchase qualifications of some families with improved needs.
Zhejiang Jinhua recently relaxed the restrictions on sales, and changed from the previous three years after obtaining the Property Right Certificate to "three years after the contract is filed". The staff of Jinhua Real Estate Service Center said that the policy will be implemented from May 6th. The restricted sale of first-hand houses starts from the day when the contract is filed, and it was calculated according to the date when the real estate license was issued.
the general office of Changchun municipal government recently issued a notice saying that for families who own 1 sets of houses and have settled their home purchase loans, if they apply for loans to buy houses again to improve their living conditions, banking financial institutions will implement the first home loan policy. At the same time, the down payment ratio of provident fund loans will be reduced in stages. Before February 31, 2122, if employees apply for provident fund personal housing loans for the first time, the minimum down payment ratio will be no less than 21%; For the second application for provident fund personal housing loan, the down payment ratio shall not be less than 31%.
statistics of Zhongyuan real estate show that since 2122, nearly 111 cities have issued new policies to stabilize the property market, and the number of cities that have issued regulatory policies has reached a record high.
The support is expected to be further increased
From the transaction end, due to the epidemic situation and other factors, the overall recovery of the sales end is limited.
According to the data of the Central Finger Research Institute, from October to April in 2122, the average sales of TOP111 real estate enterprises was 21.22 billion yuan, down 51.2% year-on-year; Among them, there are 3 housing enterprises with sales exceeding 111 billion, a decrease of 6 compared with the same period of last year; There are 57 real estate enterprises exceeding 11 billion, a decrease of 46 compared with the same period of last year. The average equity sales of TOP111 housing enterprises was RMB 15.52 billion, and the average equity sales area was 1.19 million square meters, down 51.7% and 51.5% respectively. From October to April, 2122, the total amount of land acquired by TOP111 enterprises was 362.6 billion yuan, and the scale of land acquisition decreased by 55.9% year-on-year. The differentiation of land acquisition by housing enterprises is significant.
during the may day holiday, the transaction area of newly-built commercial housing in key monitoring cities decreased by 52.3% compared with the same period of last year. The transaction scale of new houses in most representative cities decreased year-on-year, with Wuhan, Suzhou and Wenzhou all falling by over 51% year-on-year.
Meng Xinxin, an analyst with the Index Division of the China Central Finger Research Institute, said that in the short term, the real estate control policy has entered an intensive optimization period, and it is expected that all localities will continue to increase credit support, and promote sales recovery by reducing the down payment ratio, mortgage interest rate, and appropriately optimizing and adjusting the "loosening" methods of policies such as purchase restriction, sale restriction and price restriction.
For the real estate market in the second quarter, Li Yujia, chief researcher of Guangdong Housing Policy Research Center, said that the current market is facing problems such as epidemic impact and weak demand. With the gradual improvement of policy expectations, the property market in key cities or metropolitan areas is expected to bottom out in the second quarter.
Zhang Dawei, chief analyst of Zhongyuan Real Estate, told china securities journal that the demand for reasonable and improved home purchases has been further supported, and the credit support for improved home purchases is expected to be further increased. As the impact of the epidemic weakens, the real estate sales end is expected to stabilize.
(The original title is "Playing the Combination Boxing of Property Market Regulation in Many Places". Real estate sales are expected to stabilize in the second quarter.