Home Buying Window Open in Beijing; Villa Market Booms

Continuous hot late June to Transaction cities also brought new market. According to Asian high statistics show that the reduction in land supply, driving prices higher, in June Beijing villa market is unusually hot, the whole month turnover of 462 sets, created in 2010, the highest value, while Beijing median house price has reached 39,900 yuan / square meter. Insiders said that under the policy of continuous positive impact on the property market gradually pick up, as the market for cottages scarce resources, the future will be gradually reduced supply, rose a huge market space.

...Judging from the first half, the first half of 2015 achieved a total turnover of 1369 Beijing villa units, closing an area of ​​416,000 square meters, compared to the same period last year were up 55% and 49%.

...With the high ground effects appear, and the villa market supply dwindling, selling price increases and other projects, the overall average price level of future Beijing villa market will continue to rise.

"From the supply point of view, the first half of 2015, the villa market supply there was a substantial decline compared to the same period last year, and since the end of last year, the transfer of land can not be split volume ratio of different products, from long-term trend Villa will cause dwindling supply. "Ya Ho, deputy general manager of Gao Shan told Beijing Daily reporter.

iFeng: 北京6月别墅市场“脱缰” 均价近4万成交创五年新高

June 28 from the central bank announced a cut benchmark deposit and lending rates has been about one week. This was three times the central bank cut interest rates within six months, in the warming of the mortgage market is already ushered in the most exuberant home "window period", a week after the third year the central bank to cut interest rates, most housing demand in Beijing who has already started into the market.

...View from past practice, every year is slightly tightened bank lending stage, the prime rate banks also began to gradually disappear. And this year, the central bank cut interest rates several rounds of background, Beijing banks interest rates not only not disappeared, but further expand the scope. More than half of bank interest rates remained 12% off or 10% discount. Banks can keep interest rates concessions mainly internal bank credit is relatively abundant this year, so the overall lending rate is relatively fast, it is very favorable for buyers.

iFeng: 央行半年内三次降息：买房已到“窗口期”