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What is the trend of house prices after 2020? Latest news on house price trend in 2020

2019 is coming to an end. Why do experts suggest buying a house in 2020? What is the trend of house prices after 2020? Buying a house at the most appropriate time is the wish of many buyers and can save a lot of money. It is reported that houses will become cheaper and cheaper in 2020. Let's take a look at the latest news of house price trend in 2020.

In the first three quarters of 2019, the launch area of residential land in 300 cities nationwide increased by 1.9% year-on-year, and the land transaction area increased by 6.3% year-on-year. The average transaction floor price of residential land was 4356 yuan / m2, a year-on-year increase of 13.5%. The rise of land prices and building materials for real estate development has greatly increased the cost of real estate development. The stable rise of house prices in 2020 is a high probability event.

China's urbanization is not more than half, and with the pace of urbanization must be accelerated, a large number of rural population will also be transformed into urban hukou, then there will be a large number of house purchase demand waiting to buy a house and settle down. In the next 3-5 years, house prices will be generally stable and orderly, the differentiation between first tier cities and third and fourth tier cities will intensify, and the overall house prices will decline steadily.

It is a good thing that house prices fall steadily. As long as they are 'stable' on the whole, as long as they are diligent and thrifty and work hard to make money, it is only a matter of time to buy a house. However, if you are in a hurry to buy a house, get married and have children, and your ability is not enough, it is really bad. Nevertheless, you can only cheer up and face the reality.