Industry | House prices in 70 cities rose steadily in February

In February, the sales prices of newly-built commercial residential buildings in the first, second and third tier cities remained flat or the increase fell back, while the sales prices of second-hand residential buildings went up and down.
Affected by the epidemic, a number of second- and third-tier cities have seen “zero transactions”, but housing prices in major cities have remained relatively stable.
On March 16, the National Bureau of Statistics released statistical data on changes in the sales prices of commercial residential buildings in February.
Kong Peng, chief statistician of the City Department of the National Bureau of Statistics, said that the sudden new crown pneumonia epidemic has had a significant impact on the real estate market.
All regions and departments have resolutely implemented the Party Central Committee's decision and deployment of epidemic prevention and control and economic and social development, and it was released in time.
A series of policies and measures have ensured the sustained, stable and healthy development of the real estate market.
In February, the price increase in the real estate market of 70 large and medium-sized cities was steady and slow.
Overall, in February, the sales prices of newly-built commercial residential buildings in first-, second- and third-tier cities remained flat or the growth rate fell, while the sales prices of second-hand residential buildings went up and down.
Among them, the sales prices of newly-built commercial residential buildings in 4 first-tier cities remained flat month-on-month, rising by 0.
4% last month.
The sales price of second-hand housing increased by 0.
2% month-on-month, a decrease of 0.
3 percentage points from the previous month.
A number of second- and third-tier cities have seen a "zero transaction" situation.
The data showed that the sales price of newly built commercial residential buildings in 31 second-tier cities rose slightly by 0.
1% month-on-month, and the increase was 0.
1 percentage points lower than the previous month; 12 cities including Wuhan, Shijiazhuang and Taiyuan had no transactions affected by the epidemic, and prices were deemed unchanged.
The sales price of second-hand residential buildings remained unchanged from the previous month.
There were no transactions in 12 cities including Wuhan, Shijiazhuang and Hohhot.
The sales price of newly-built commercial residential buildings in 35 third-tier cities rose slightly by 0.
1% month-on-month, 0.
3 percentage points lower than the previous month.
There were no transactions in 7 cities including Yangzhou, Bengbu and Pingdingshan.
The sales price of second-hand housing changed from a 0.
2% increase last month to a decrease of 0.
1%.
There were no transactions in 12 cities including Baotou, Jinzhou and Yangzhou.
The impact of the epidemic on the property market cannot be ignored.
“In the case of 58 consecutive months of positive month-on-month increase in the price index of second-hand housing, the negative month-on-month increase appeared for the first time in February, which fully shows that the market is cooling.
This also shows that landlords are constantly adjusting their pricing strategies to respond to the epidemic.
The impact.
” said Yan Yuejin, research director of the Think Tank Center of E-House Research Institute.
However, from the statistics of the Bureau of Statistics, it can be seen that housing prices in major cities affected by the epidemic have remained relatively stable.
Zhang Bo, Dean of 58 Anju Guest House Property Research Institute, said that in February the central bank adjusted the loan market quote rate (LPR), which not only played a positive role in the real economy under the impact of the epidemic, especially the financing level.
At the same time, it has also reduced the level of mortgage interest rates to a certain extent, indirectly spurring some demand for home purchases to speed up the market, which has played a positive role in stabilizing the property market.
It is worth noting that 12 cities including Wuhan, Shijiazhuang and Taiyuan have no transactions due to the epidemic, showing that the epidemic has indeed had a greater impact on the property market in the first quarter, but the market has begun to recover.
58 Anjuke data shows that in February, the country’s online housing search fever rebounded by 23.
4% month-on-month, and the number of active micro-chat users nationwide also further confirmed the phenomenon of the rebound in housing search fever.
"It is expected that the real estate market will continue to run smoothly in March, and the decline in transaction prices in the real estate market may continue, but the transaction volume is expected to pick up quickly.
" Zhang Bo analyzed.
Yang Kewei, deputy general manager of the Crane Research Center, also believes that for the third and fourth-tier cities in the central and western regions other than Hubei, the epidemic is only a temporary suppression of demand and will not lead to the cancellation of home ownership plans.
From the perspective of the overall transaction volume in the central and western regions, the losses caused by the epidemic are mainly concentrated in Hubei Province and some surrounding cities with relatively high incidence rates.
The impact of the property market in the Pearl River Delta region on returning home buyers is almost negligible.
The current demand for home purchases has basically been released.
As the epidemic gradually eases and market confidence stabilizes, the transaction volume in the Pearl River Delta region this year is still expected, especially in Guangdong.
The property market transaction volume in the core 9 cities of the Hong Kong-Macao Greater Bay Area is expected to be the first to recover.
The current plight of the property market still requires attention.
According to data from the National Bureau of Statistics, investment in real estate development across the country has experienced a "cliff-like" decline.
From January to February, the national real estate development investment was 1,011.
5 billion yuan, a year-on-year decrease of 16.
3%.
The sales area of ​​commercial housing was 84.
75 million square meters, a year-on-year decrease of 39.
9%.
The sales of commercial housing was 820.
3 billion yuan, down 35.
9%.
Among them, residential sales fell by 34.
7%, office building sales fell by 40.
6%, and commercial business building sales fell by 46.
0%.
"The epidemic has a great impact on the real estate market, and corresponding policies to stabilize the property market should be introduced.
" Xia Lei, chief researcher of the real estate industry of Evergrande Research Institute, suggested that the first is to maintain the stability of the land market.
Specific measures include: increasing the supply of high-quality land, and moderately.
Relax the land transfer conditions; reduce the proportion of land bidding deposits; adjust the payment method or time limit of the land price, and allow postponement or installment of payment.
The second is to appropriately adjust short-term real estate control measures to support reasonable housing demand.
Yang Kewei said that this year's main policy of "no real estate speculation, and city-specific policies" will not change.
The overall relaxation of policies is basically hopeless, and the real estate market regulation is destined to continue for a longer period of time.
Especially in first-tier cities and hot second-tier cities such as Suzhou, Xi'an, and Nanning, the real estate policy will continue to be "stabilized", and there is basically no possibility of loosening regulation.