Which cities are the ten cities where the sales restriction order has expired? As the first city to issue the sales restriction order in China, the first batch of restricted houses in Xiamen can be released. In addition, the sales restrictions in Fuzhou, Qingdao, Guangzhou, Xushui, Changle, Changzhou, Dongguan, Yangzhou and Changde have also expired. So when the sales restriction order of ten cities expires, will the real estate market shake again?
With the release of a large number of housing liquidity, whether the real estate market will shock again has become the focus of countless people's attention. In the real estate market regulation toolbox, sales restriction is one of the innovative ways of administrative means in this round of regulation. '
Recently, Xia Lei, vice president of Evergrande Research Institute, said in an interview with reporters that compared with financial, land, taxation and other regulatory tools, sales restriction has a more significant impact on real estate turnover and price in the short term. It can effectively restrain speculation and investment demand in the overheated market period, and quickly step on the brake in the high temperature market.
Take Xiamen as an example. Before the new deal was issued on March 25, 2017, the turnover of second-hand housing in Xiamen was about 7000 units in March, while it dropped sharply to 3830 units in April. Zhang Bo, chief analyst of 58 anjuke Real Estate Research Institute, told reporters that although the introduction of the sales restriction policy has played an important role in cracking down on real estate speculation, it is undeniable that the number of tradable houses in the market has decreased, to a certain extent, which is bad for the just needed buyers who are ready to buy the existing houses.
Generally speaking, the policy of sales restriction is a kind of auxiliary 'short acting medicine' in the regulation of the real estate market, which can not be used for a long time. Otherwise, it is not conducive to the long-term healthy development of the real estate market, and excessive administrative intervention may produce additional adverse consequences. According to statistics, since March 2017, 48 cities have introduced sales restriction policies with different years.
In addition to the 10 cities that have expired at present, the sales restriction orders of Jinan and Xi'an, two hot cities, will soon expire in April. So, will this policy continue in the future? In Xia Lei's view, from the impact point of view, as the current real estate market has returned to stability, and housing transactions have further returned to rationality, even if the first batch of restricted commercial housing has been listed for circulation, in the context of other regulatory policies are still strictly implemented, it is not expected to have a greater impact on the market.
In terms of policy continuity, the current real estate policy aims at 'stabilizing land price, housing price, expectation and risk prevention', with more emphasis on adjusting measures to local conditions and implementing policies accurately. Local governments have greater autonomy in regulation and control, and are expected to moderately revise the previous regulation and control under the pressure of balancing 'steady growth, ensuring finance and rising house prices'.
Some cities may choose to withdraw from the sales restriction policy under the background of further stable real estate market. Zhang Bo also said that it would be the general trend to withdraw the sales restriction policy one after another, but the pace of withdrawal of hot cities may be slow.