Greenland Holdings Group predicts that China's real estate market sales may continue to decline this year, suggesting that the slowdown in the property market's record has not ended.
Comprehensive Bloomberg and Daily Economic News reported that Zhang Yuliang, chairman of the Chinese old real estate developer Greenland Holding Group, was held on Saturday (March 25) at the China Development High -level Forum 2023 Annual Meeting held at the Diaoyutai State Hotel.In an interview, it was said that the sales of new residential houses this year may drop by 2 to 3 trillion yuan (the same, Same 388 billion yuan), but it is not stated that it is sales or sales area.But from the perspective of which indicators, this range means at least 17%lower than the previous year.
The cautious attitude of Greenland Group is in sharp contrast to the current level of the Chinese real estate market that may stabilize at the current level in the next few years.
The data released by the Chinese government in early March this year shows that after more than 12 months of decline, the residential sales in the first two months of this year increased for the first time.
According to data reports quoted last Thursday (23), the Chinese property market may recover or continue to grow.
According to statistics, from March 1st to March 20, 2023, the area of new commercial housing in 50 key cities in China is 14.68 million square meters, an increase of 18%month -on -month, an increase of 29%year -on -year by 29%Essence
Zhang Yuliang said that the current real estate company has a large number of differentiation, and the total market volume in the next year or two will continue to decline.The severe differentiation of regional cities may lead to the reshuffle of the entire real estate company.
When asked about what suggestions for improving the toughness of the real estate market, Zhang Yuliang said that the total real estate market is still declining and adjusted, and there are many things to improve the toughness of the real estate market.
He also mentioned that the stability of asset prices is particularly important, asset prices are stable, real estate is stable, asset prices are unstable, which will affect the entire society."The asset prices of real estate are unstable, which is related to many fields, not only financial institutions such as banks, but also residents, local governments, etc."
In Zhang Yuliang's view, the Chinese real estate market will be in the total scale in the next few years in the total scaleIt will continue to shrink.In the next five years, the scale of the real estate market will be less than 10 trillion yuan, but it is estimated that it will exceed 5 trillion yuan in the next three years, and it is estimated at the level of 6 trillion to 8 trillion yuan.
