58 Anju Room Real Estate Research Institute Zhang Bo: It is expected that the differentiation of the commercial housing market in second-tier cities in the first quarter will continue – yqqlm

Summary

[Zhang Bo of 58 Anju Room Real Estate Research Institute: It is expected that the market differentiation of commercial housing in second-tier cities will continue in the first quarter]On January 15, the National Bureau of Statistics released the changes in the sales prices of commercial housing in 70 large and medium-sized cities in December 2021. Zhang Bo, Dean of the 58 Anju Room Real Estate Research Institute, pointed out that according to the data released by the Bureau of Statistics, the prices of new and second-hand houses in second-tier cities both fell by 0.3% month-on-month, and the rate of decline has narrowed. . New home prices in hot second-tier cities such as Nanjing, Hangzhou, Hefei, and Xiamen rose month-on-month, while Taiyuan, Harbin, Zhengzhou, Xining and other cities are still in the cooling channel. It is expected that the market differentiation in second-tier cities will continue in the first quarter of 2022. (China Securities Journal)

On January 15, the National Bureau of Statistics released the changes in the sales prices of commercial housing in 70 large and medium-sized cities in December 2021. Zhang Bo, dean of the 58 Anju Room Real Estate Research Institute, pointed out that from the data released by the Bureau of Statistics, new houses and second-hand houses in second-tier citieshouse priceGrids fell by 0.3% month-on-month, and the decline rate has narrowed. Some cities are beginning to approach the bottom of the market, and the market is clearly differentiated. New home prices in hot second-tier cities such as Nanjing, Hangzhou, Hefei, and Xiamen rose month-on-month, while Taiyuan, Harbin, Zhengzhou, Xining and other cities are still in the cooling channel. It is expected that the market differentiation in second-tier cities will continue in the first quarter of 2022.

Zhang Bo pointed out that in December 2021, the market did not have a “tail-lifting” market, and the trend of falling house prices continued. Promotion efforts have been strengthened, which is the main factor driving the decline in housing prices. However, first-tier cities have clearly shown signs of bottoming out and rebounding. From the perspective of new housing prices, it is still in a downward trend. Guangzhou and Shenzhen have experienced a more obvious downward trend, while Shanghai has already experienced an upward trend. The turnaround of second-hand housing prices is one of the main signals of the market bottoming out and rebounding, especially in Beijing and Shanghai.

In terms of third-tier cities, Zhang Bo pointed out that compared with new houses, the cooling trend of second-hand housing market in third-tier cities is more obvious, with Zhanjiang, Nanchong, Beihai and other cities leading the decline, and it is expected that such cities will still find it difficult to usher in market reversal in the first quarter of 2022 .

(Article source: Chinasecuritiesnewspaper)

Article source: China Securities Journal

Responsible editor: 83

Original title: Zhang Bo of 58 Anju Room Real Estate Research Institute: It is expected that the differentiation of the commercial housing market in second-tier cities in the first quarter will continue