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Is it true that there is a shortage of inventory in many real estate markets? Will house prices rise

The rise of house price is directly related to the national life. Many newly needed houses are in urgent need, and the state has issued relevant policies to regulate and control them. However, the house price has increased unabated, and there are too many helpless... Recently, there has been a housing shortage in many real estate markets, and it is likely that a new round of regulation will be launched soon. Will the house price you are most concerned about rise? Come and have a look.

The inventory of many real estate markets is in a hurry

More intensive regulation tide may come

After one house in Xi'an is hard to find, Changsha, which has been trading for many years, has also been exposed by the media that the inventory of the real estate market is in a hurry. At the same time, the insiders believe that the talent introduction policy in Tianjin seems to be brewing the trend of the house price trend & hellip & hellip; since last year, this wave of real estate market regulation policy, although still continuing, seems to be ready to move around the real estate market.

The inventory of many real estate markets is in a hurry

Recently, media reports said that Changsha real estate market, which has been trading for many years, has recently experienced a shortage of inventory, which has led to a gradual increase in developers' reluctance to sell their products. In fact, not only a city in Changsha has such a phenomenon, but before Changsha, Xi'an has also exposed the situation that it is hard to ask for a single house, such as the number of reselling lottery seats, in many real estate projects after the inventory crisis.

Yan Yuejin, research director of the think tank center of Yiju Research Institute, said that the third and fourth tier cities have reached the end of de stocking this year, and it is normal for the capital cities of each province to have an urgent inventory situation.

According to the latest report on the inventory of 100 cities in China, the inventory of 100 cities in China fell for 33 consecutive months year on year in April, and the inventory removal cycle of the third and fourth tier cities was relatively low in recent 9 years. According to the report, by the end of April 2018, the total inventory of newly built commercial residential buildings in 100 cities monitored by Yiju Research Institute was 433.86 million square meters, down 0.7% month on month and 7.9% year on year.

In fact, many cities have taken measures to deal with the problem of inventory shortage. Zhang Dawei, chief economist of Zhongyuan Real estate, said the main reason for the lottery was the tight supply and demand of these cities, especially the pre-sale houses with limited prices. However, some developers not only refuse the provident fund, or even require the full amount, in this case, it is more difficult to just buy a house.

Housing prices in second and third tier cities pick up

At the same time of inventory shortage, the house prices in second and third tier cities also showed signs of recovery.

Previous data released by the National Bureau of statistics showed that in April, although the year-on-year growth rate of house prices in second and third tier cities fell, the growth rate accelerated month on month. In 70 large and medium-sized cities, Dandong rose the first and Sanya the second.

Not only that, Tianjin and other places of talent introduction policy, in the view of industry insiders too low threshold, follow-up no mechanism to retain talent, may become a disguised house selling policy. Zhang Dawei thinks that the low threshold and the talent introduction policy directly linked to the real estate market may only attract the buyers under the purchase restriction policy, or even the speculators. In some second and third tier cities, the regulation policy is divided, and the talent policy of the city becomes a tool for buyers to bypass the purchase restriction. According to Zhang Dawei, the rise of house prices all over the country is also due to the rise of house prices in these cities caused by the rotation of plates. After the regulation and control of the first and second tier hot cities, the inventory of the second and third tier cities accelerated. At present, except for a few regions, the real estate market has entered the stage of comprehensive inventory replenishment.

Property market regulation or more stringent

Although the housing prices around the country have shown a warming trend, the government's regulation and control policies on the real estate market have not ended, or even become more and more strict.

On May 19, the Ministry of housing and urban rural development (hereinafter referred to as the Ministry of housing and urban rural development) issued the notice of the Ministry of housing and urban rural development on further improving the regulation and control of the real estate market, reiterating that the goal of real estate regulation and control is unshakable and the strength is not relaxed, and putting forward clear requirements for further improving the regulation and control of real estate.

Around May 1 this year, the Ministry of housing and urban rural development of the people's Republic of China (MOHURD) interviewed 12 cities with significantly higher housing prices. Seven cities, including Chengdu, Harbin, Guiyang, Changchun, Foshan, Xi'an and Taiyuan, have successively upgraded their property market control measures, issued strict policies and curbed speculation.

According to the statistical data of Zhongyuan Real Estate Research Center, the latest real estate regulation and control policies have been superimposed. As of May 23, 2018, more than 130 real estate regulation and control policies have been issued in China. Recently, a number of county and district level units have issued sales restriction policies, which is also the latest trend of regulation and control.

Xia Dan, a senior researcher at the financial research center of the Bank of communications, believes that in the future, the real estate market regulation policy will continue, and more cities will usher in a more intensive regulation tide, which may involve five limits, mortgage rate adjustment, rectification of illegal behaviors and other aspects.