2015-05-06

Hot and Cold China Property Market

Bifurcation is still in effect in China's housing market, but it is becoming more extreme, at least in terms of the forecasts. One analyst is calling for a 15% increase in first-tier home prices this year (an annualized gain of more than 20%), meanwhile housing sales are flat to falling in many third- and fourth-tier cities.

Differentiation, is a recent industry talk about the property market, the most used words. Compared with the first, warm second-tier cities in property transactions, a number of third and fourth-tier cities unmoved, property transactions falling instead of rising. Some larger cities in the property market introduction of stimulus efforts. Guangdong Foshan recently lifted the "restriction order" to attract a lot of people come to the House Guangzhou. Centaline Dawei, chief analyst believes that the future prospects of the property market in the third and fourth tier cities is not optimistic:. "Entire Chinese real estate market has not in the same cycle for the third and fourth tier cities, consume inventory needs at least more than two years, with an investment purpose investment need to be cautious. "

Industry pointed out that, on the whole, China's property market is still huge current inventory, the market is not fully stabilized, in the case of supply and demand relationship reversed, "destocking" will be the main focus of future market policy. The medium and small cities in the real estate industry can really out of the woods, depending on whether the aid of economic transformation, the release of housing demand through the effect of employment and population aggregation.

For the price movements, a research vice president of Shanghai believe, just to be pulled under, first-tier cities will call: "By the end of this year, first-tier cities (Beijing, Shanghai, Guangzhou, Shenzhen) rates compared to now there will be 15 about% increase . "


iFeng: 中国楼市冷热互现 这些城市的房价还要涨15%

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