The Chinese property market is still in the downward cycle. Among the 50 large and medium -sized cities, the price index of the 46 -city residential house is still falling.
According to the China News Agency, a report released by the Easy House Real Estate Research Institute on Tuesday (11th) shows that among the 50 large and medium cities in China, Chengdu, Beijing, Shanghai, and Hefei areThe decline has risen, and its decline time lasted two months, three months, three months, and 12 months, respectively.The remaining 46 cities' residential prices are still falling.
From the perspective of the cumulative decline in house prices, the report states that the real estate market in first -tier cities is the strongest.However, as Shenzhen is the earliest cities in the country to introduce second -hand housing guidance prices and the effectiveness of the policy continues, the market expects has not improved. From March last year to September this year, it has continued to fall for 17 months.
House prices in second -tier cities fluctuate obviously. Strong second -tier cities in economically developed areas such as Hangzhou, housing prices have started to fall late, and the duration duration is short.It is worth noting that Chengdu, its housing prices stopped falling in second -tier cities, mainly due to the relaxation of second -hand housing prices and a new series of new market policies in the near future.
Henan, Guizhou, and Shandong's main cities have performed weakly.Among them, the market boom in Langfang and Zhengzhou was the lowest. Langfang housing prices have fallen since July 2017, and have fallen for 43 months. Zhengzhou has fallen since August 2017 and has fallen for 46 months.In July of this year, Langfang announced the cancellation of restrictions on purchases; and Zhengzhou has introduced a series of rescue measures since March this year.
From the perspective of housing prices in various cities, the relatively small cities are Hangzhou, Beijing, Chengdu, Haikou and Shanghai, and the declines are all about 1%.Among them, Hangzhou's total decline was the smallest, only 0.8%.At present, the cities with large declines are Guiyang, Harbin, Taiyuan, Langfang, and the declines have fallen by more than 10%.
According to statistics from the Housing Big Data Project Team of the Institute of Finance and Economics of the Chinese Academy of Social Sciences, the percentage of the overall rise and fall of house prices in the last quarter as the measurement indicator, 90 monitoring sample cities, house prices are the most stable in house prices.10 cities include three first -tier cities in Beijing, Shanghai, and Shenzhen, as well as second -tier cities such as Yinchuan and Xi'an.
