Latest Rates Announced! A more drastic bailout may be coming......

365 Taofang Tianjin

2024-06-19 09:32Posted on Tianjin 365 Taofang Tianjin official account

After the epic "policy month", the transaction volume in many places was stimulated.

But house prices haven't stopped.

It's even bigger than before.

This also means that a more violent bailout may be coming.

Really, the data is too sluggish.

On June 17, the National Bureau of Statistics released the latest housing price data of 70 cities.

In May 2024, new home prices fell month-on-month in 68 of the 70 large and medium-sized cities.

This is an increase of four from April.

In addition, the flat city is none.

In other words, in May 2024, only 2 cities saw a month-on-month increase in new home prices.

It is the lowest value in recent years.

Including the year-on-year increase in the price of new houses, the city is also continuing to decrease.

After falling to single digits in April, the latest May has dropped from 5 to 3!

There are fewer second-hand homes.

Month-on-month and year-on-year, all "hanging zero".

This is also the fifth consecutive month that the year-on-year prices of second-hand houses in 70 large and medium-sized cities have fallen.

The state of the market can be seen.

Even if you add up the number of new houses, second-hand houses, year-on-year and month-on-month increases, there are only 5 cities!

It accounts for less than 2%.

As a result, the decline in the composite house price index has widened.

In May 2024, the price of new homes in 70 cities fell by 0.7% month-on-month and 4.3% year-on-year; The second-hand housing prices in 70 cities fell by 1% month-on-month and 7.5% year-on-year.

They expanded by 0.1, 0.8, 0.1 and 0.7 percentage points respectively from April.

First, second and third-tier cities are not significantly differentiated.

It's all one performance - the price is falling.

Including the four first-tier cities, except for Shanghai, the other three cities are not spared.

Shanghai is also only supported by new houses.

The ranking of second-hand houses is quite low, and they are close to the bottom.

This shows how difficult the current market is.

Tianjin also has a frequency with the whole country.

The prices of new and second-hand houses fell "both".

According to data from the National Bureau of Statistics, in May 2024, the price of new homes in Tianjin turned from positive to negative, down 0.4% month-on-month;

It fell 0.7% year-on-year, an increase of 0.7 percentage points from April.

Second-hand home prices fell 1.1% month-on-month, 0.2 percentage points narrower than in April.

But the year-on-year decline has widened.

In May, the price of second-hand housing in Tianjin fell by 6.2% year-on-year.

This is an increase of 1.2 percentage points from April.

However, it is still ranked 16th out of 70 cities.

From this alone, we can see the great pressure on the current market and the urgency of bailing out the market.

Moreover, the 517 New Deal has been completed for a full month, and the effectiveness of this wave of policies has come to an end.

The daily transaction volume of Shell second-hand houses has dropped by 200 units on weekdays, but fortunately, it has remained above 200 units on weekends.

But compared to the more than 300 sets in previous weeks, it is still less.

Including new homes have also fallen.

Last week, the average number of new home visits was down 14% QoQ and the number of subscriptions was down 11% QoQ.

Many real estate projects have opened the "price for volume" mode.

980,000 in love color,

Vanke Jade Avenue from 940,000,

Dongfang Hefu from 1.6 million,

CRRC Jinpu Zhihui Port 1.56 million,

The view of Tianbao Shangcheng starts from 3.47 million......

are using special prices to stimulate transactions.

The problem is that even if it makes such a profit, some real estate projects have not rushed out of the ideal amount.

So next, there will be a developer sprint.

You can keep an eye on it.

To sum up, it can be seen that this round of bailouts will continue to "increase".

Various localities have been spontaneously "fancy bailouts".

Anhui Wuhu exploration buyers to buy part of the property rights, can lease the use of the remaining property rights, the rent can be used to offset the purchase price;

Qingdao Jiaozhou broke through the lower limit, and the down payment ratio can be as low as 7.5%;

Changsha encourages real estate enterprises to voluntarily implement the "purchase of a house without reason to withdraw";

The score for buying a house in Hangzhou has been increased from 30 points to 80 points, and you can settle down after accumulating 100 points;

Wuhan Yangtze River New Area before the end of the year to buy a new house talent up to 100,000 yuan;

Changzhou, Jiangsu Province will no longer build new resettlement housing, and purchase commercial housing for expropriation and resettlement and affordable housing;

Many banks have launched the "interest first, principal later" mortgage repayment method; 

More than 15 cities "hidden" second-hand housing transaction prices......

However, the most important and powerful thing is to rely on the national policy of exceeding expectations.

This is also the reason why the high-level has recently begun to shout and set the tone again.

The market can't afford it, and the bailout will not stop.

In view of the current state of the transaction, coupled with the conference held in July.

More drastic policies may already be on the way.

The content of this article is compiled from public channels, which is intended to provide relevant information and is for reference only, and the publishing platform and the author do not guarantee the authenticity and accuracy of the information. The specific situation of the project, such as planning, design, house type, area, price, construction progress, sales, delivery standards and time, supporting facilities, property, etc., should be investigated and verified by the relevant departments or project rights holders. The views in this article are for learning and communication purposes only, and are the author's personal views, which do not constitute any commitment and guarantee, and shall not be used as the basis for investment, purchase, leasing and other decisions. Investment is risky, and decisions need to be made carefully. Real estate is a large asset, please make a prudent decision after detailed investigation and verification by the government and the real estate project owner. The publishing platform and the author do not assume any legal responsibility for the personal behavior of readers.

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