Where Will Home Prices Fall? 3 Cities Pegged For Pullbacks

There are 23 cities at risk of a pullback in 2017 according to Finance 360:

Data show that Nanning bubble level of 16%, ranking No. 23, so in its 22 cities before the price can be defined as a temporary bubble, and can be classified in three cases:

1, Shenzhen, more than 118% of the bubble, the bubble was;

2, Shanghai, Xiamen, Beijing, Hefei, Nanjing, Fuzhou, Suzhou, Tianjin, Sanya 9 cities were more than 40% of the foam is a small bubble;

3, Dongguan, Guangzhou, Hangzhou, Wuhan, Zhengzhou, Ningbo, Jinan, Shijiazhuang, Langfang, Nanchang, Wuxi, Taiyuan, the 12 city bubble values ​​between 35% -17%, in addition to data transactions Ningbo and Shijiazhuang , The other 10 cities are micro-bubble.

The article has this chart of mortgage interest rates by city. Tianjin is on top, Urumqi on bottom.

Finally, the article says three cities have greater odds, with one almost guaranteed to drop, Hefei:

As can be seen from the table, Hefei to meet all the elements of housing prices have fallen, while Wuhan and Nanchang, at least five elements to meet the four, the future housing prices have become a high probability event.

This is one of the most worthy of our attention to the city is Hefei, with the latest Hefei property sales data can be seen in the restart after the purchase of Hefei, the property market is almost showing off the cliff-type terrorist situation in November sales fell to 2016 since the freezing point, monthly sales of less than one-tenth of June, in a variety of unfavorable factors superposition of the state, Hefei house prices fell seems to have become an indisputable fact.