Home News The property market continued to cool down during the National Day Golden Week, and the area of ​​new house transactions in key cities fell by 30% year-on-year | New house transactions | square meters | Guangzhou_Sina Technology

The property market continued to cool down during the National Day Golden Week, and the area of ​​new house transactions in key cities fell by 30% year-on-year | New house transactions | square meters | Guangzhou_Sina Technology

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Original title: The property market continued to cool down during the National Day Golden Week, and the area of ​​new home transactions in key cities fell by 30% from the same period last year. Source: The Financial Associated Press

Under the background of in-depth real estate regulation, there were no surprises in the property market transactions during the National Day Golden Week this year, but continued the “low temperature” situation in September.

According to the latest data released by the Zhongzhi Institute, during the National Day period (October 1-7), the transaction area of ​​newly built commercial residential buildings in key monitored cities across the country fell by 33% year-on-year, and the willingness of home buyers to buy homes was insufficient.

During the National Day period, the cumulative transaction of newly-built commercial housing in 4 first-tier cities was 421,900 square meters, which was basically the same as the same period last year; the cumulative transaction of newly-built commercial housing in second-tier cities was 353,200 square meters, down 43% year-on-year; the cumulative transaction of newly-built commercial housing in third- and fourth-tier cities was The transaction volume was 136,800 square meters, a year-on-year decrease of 44%.

According to statistics from the Zhuge Housing Search Data Research Center, during the 11th long holiday, new house transactions in only 4 of the 15 key cities have increased compared with the same period in 2020, and the remaining 11 cities have all declined year-on-year.

Among them, Beijing and Shenzhen performed well. During the long holiday period, Shenzhen’s new house transactions were 1081, an increase of 163% over the same period last year; Beijing’s new house transactions were 1,495.

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“In fact, many of the data on the official website and online signings in the past few days were previously traded. It is only the online signings in the past few days. Therefore, the online signing data can only be used as one of the reference basis and cannot reflect the real transaction situation in the market.” Shell Research Institute Li Maozhe, Dean of Guangzhou Branch said.

Zou Shaowei, a senior researcher at the Centaline Research Center in Shenzhen, pointed out that during the National Day, there was only one project in Shenzhen that attracted large-scale house inspections with a low total price + a large discount. In addition, the market was relatively flat here. From the perspective of supply and demand, the market supply before the holiday reached its peak in recent years, and the transaction volume during the National Day was also the highest in the same period in recent years. As market supply continues to increase, transaction volume will continue to remain at a relatively high level.

As first-tier cities, Shanghai and Guangzhou’s property market transactions performed relatively flat. According to data from the Chinese Academy of Sciences, during the National Day, Shanghai’s new commercial residential transactions totaled 78,600 square meters, a decrease of 42% from the same period last year. In addition, according to statistics from Kerui, 711 first-hand residential homes were signed in Guangzhou during the Golden Week this year, a decrease of 33.1% compared with the same period last year.

According to Xiao Wenxiao, chief analyst of Crane’s Guangzhou area, in the past September, only 6,878 first-hand residential online signings in Guangzhou were recorded, a year-on-year decrease of 34.7%. Under the influence of multiple factors such as price restriction and visa restriction, the average price of first-hand residential online signing in Guangzhou in September fell to 31977 yuan/square meter, which has been a three-day decline, and the average price level is similar to the first quarter of this year. “From the current market, it can be seen that this year’s series of adjustments and controls on’stabilizing housing prices’ in Guangzhou are showing results.”

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In terms of second-hand housing, according to the Shell Research Institute, the average daily transaction volume of second-hand housing in 50 key cities during the National Day holiday this year increased by 8% year-on-year. .

According to the analysis of the Shell Research Institute, the small growth of the hand-home market on Tuesday during the National Day holiday this year was mainly driven by the “price-for-volume” owners of second-hand houses in northern cities. In contrast, second-hand housing transactions in Pearl River Delta cities such as Shenzhen, Dongguan, Foshan, and Guangzhou, Yangtze River Delta cities such as Hangzhou, Shaoxing, Ningbo, and Hefei, and core cities such as Xiamen and Xi’an all declined year-on-year.

The second-hand housing market in Shenzhen is getting colder in particular. According to the data provided by Shenzhen Centaline Research Center, only 4 second-hand houses in Shenzhen were sold during the National Day holiday, totaling 351.22 square meters. In addition, second-hand housing transactions in Shenzhen plummeted by 80% in September, falling below 2,000 units for the first time, a record low in the same period in 12 years.

The China Index Academy believes that there are expectations for fine-tuning policies in some cities in the fourth quarter, and the overall market is expected to improve, but the policy environment is still relatively strict, and the short-term market is still under pressure to adjust.


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