Even in May, the real estate market was still at an all-time high. On July 17, the National Bureau of Statistics released the changes in the sales price of commercial housing in 70 major cities in China in May. In terms of new houses, 62 of 70 cities rose month-on-month, and remained flat in March. Chongqing led with an increase of 1.9%, followed by Guangzhou, Dalian, Yinchuan, Yangzhou and Jining. Second-hand housing, housing prices in 50 cities dropped by 4 from last month; The three cities remained stable, more than last month1; 17 urban housing prices fell, up by 3 from last month.
Judging from the rising house prices, the average price of new houses in 70 cities rose slightly in July this year, while the increase of second-hand houses dropped.
Take first-tier cities as an example. House prices in the four first-tier cities rose by 0.7% from last month, with a year-on-year increase of 0. 1 percentage point. The monthly price of second-hand houses decreased by 0.2 percentage points and increased by 0.6% compared with last month. Beijing, Shanghai and Guangzhou rose by 1. 1%, while Shenzhen rose by 0.7% and 0. 1%.
Chen Xiao, an analyst at Zhuge Real Estate Research Institute, analyzed that in May of 20021,due to the continuous fermentation of regulatory policies in several cities, the regulation was more accurate and the market enthusiasm declined, but it was still at a historical high. The number of cities where house prices rose in March remained unchanged, and the price increase rose slightly; The average price of new houses continued to decline, and house prices dropped from last month, reaching the lowest point this year.
Yan Yuejin, research director of think tank center of Yiju Research Institute, pointed out that housing prices in Chongqing rose the most in May, so we should pay close attention to housing prices in the Yangtze River region, especially in the central and western regions. Recently, the real estate markets in Chongqing and Wuhan have been heated up. In this case, cities like Chongqing must take measures to tighten the housing purchase policy. Chen Xiao also said that Chongqing's housing prices have risen for two consecutive months, and the first batch of centralized land auctions has driven the upsurge of new houses, and new regulation may appear in Chongqing.
In addition, Xu Xiaole, chief market analyst of RealData, said that due to the guidance price of second-hand housing in Shenzhen, the property market transaction has been in a downturn, stopping the first decline of continuous rise. According to the data of the National Bureau of Statistics, the price of the second suite in Shenzhen has been rising for 22 consecutive months since July this year.