The reporter learned from the Ministry of Housing and Urban-Rural Development today that since the beginning of this year, the total number of second-hand and new housing transactions reflecting the demand of the real estate market has achieved positive year-on-year growth, and the total real estate market demand has rebounded significantly compared with 2022.
The latest data shows that from January to November 2023, the national second-hand housing transaction volume and the sales area of newly built commercial housing increased by 6.9% compared with the same period in 2022, and the second-hand housing transaction volume accounted for nearly 40% of the total new housing and second-hand housing transactions, an increase of about 10 percentage points over the same period last year, and the second-hand housing transaction volume in some major cities accounted for more than 50%.
Pu Zhan, deputy director of the Policy Research Center of the Ministry of Housing and Urban-Rural Development: Second-hand housing sales are better than new houses, and from the perspective of long-term factors, it is an inevitable trend for the real estate market to enter the stage of development of incremental stock and emphasis.
According to the data, from January to November 2023, the transaction volume of second-hand houses nationwide increased by more than 40% year-on-year, while the sales area of newly built commercial houses decreased by 8% year-on-year, and the transaction volume of second-hand houses nationwide exceeded the peak in 2021 during the same period.
In this regard, Pu Zhan said that at the current stage of development, it is not comprehensive to analyze the real estate market transactions and demand only to look at new houses, and it is necessary to make judgments on market transactions and demand changes based on the complete situation of new houses and second-hand houses. Judging from the current situation, the transaction of second-hand houses is better than that of new house sales, mainly due to the following reasons: First, affected by the market, some buyers are worried about the delivery of new houses and turn to buy second-hand houses; second, since August this year, various departments have concentrated on the introduction of demand-side support policies such as "recognising houses without recognising loans", adjusting the proportion of down payments and loan interest rates.
Pu Zhan, Deputy Director of the Policy Research Center of the Ministry of Housing and Urban-Rural Development: This year, the local government has also taken specific measures due to the city's policies, and these policy adjustments have played a positive role in the release of second-hand housing demand. Second-hand housing has room for bargaining, and the adjustment of second-hand housing prices has promoted the release of demand and the increase in transaction volume.
Second-hand housing transactions rebounded, and favorable policies drove the release of housing demandA few days ago, the Guangzhou Real Estate Intermediary Industry Association announced the transaction data for November, and the overall number of second-hand residential properties in Guangzhou increased by 83.69% year-on-year. Affected by a series of policy measures, second-hand housing transactions began to pick up.
The reporter came to a housing agency in Yuexiu District, Guangzhou, and the staff here told the reporter that the number of online and telephone inquiries for second-hand houses has increased significantly recently, and the number of visits to the store has also increased.
The reporter learned from a real estate agency store near Haizhu District, Guangzhou City, that most of the citizens who came to see the house in the store were mainly based on improving demand, and the transaction volume has also increased since November.
For the second-hand residential transaction volume in Guangzhou in November to continue the month-on-month growth trend since August this year, industry insiders believe that it is mainly due to the recent policy impact, after the relaxation of purchase restrictions in some areas, some previously unqualified housing demand has been released.
Shanghai: The number of second-hand houses has increasedIn Shanghai, the reporter found through a visit that after the release of the new policy on the Shanghai property market on December 14, the market activity has increased to a certain extent, and the number of second-hand houses has also increased to varying degrees.
The person in charge of a real estate chain intermediary store in the inner ring of Pudong New Area, Shanghai, told reporters that their store had two second-hand housing transactions within three days after the introduction of the new policy, while it took at least a month to facilitate the two transactions.
According to the statistics of local real estate agencies in Shanghai, after the introduction of the new policy of "reducing down payment, interest rate and tax", the number of inquiries and visits to second-hand houses in its stores has increased significantly. Industry insiders said that this time the new deal has a more obvious direct impact on the sale of second-hand housing.
The reporter interviewed some buyers in the market and found that Shanghai's new policy this time did have a good release effect on their rigid demand and improved housing. For example, the mortgage interest rate has fallen, the cost of monthly payments or mortgages has been reduced, and ordinary houses that have been held for 5 years or more can be exempted from VAT when sold, which have been welcomed by many buyers.
Efforts will continue to be made to solve the housing difficulties of new citizens, young people and other groupsThe Ministry of Housing and Urban-Rural Development said yesterday that it will continue to increase security next year and strive to solve the housing difficulties of new citizens, young people, migrant workers and other groups.
According to the Ministry of Housing and Urban-Rural Development, as of the end of November, the construction of affordable rental housing, public rental housing, shantytown resettlement housing and other affordable projects across the country has exceeded the annual plan of 3.6 million units, and the completed investment has exceeded 1 trillion yuan. In particular, with the official launch of the construction of affordable housing, the construction of public infrastructure for both ordinary and emergency purposes, and the transformation of urban villages, the construction of projects reported by "fixed construction according to demand" will become an important starting point for stabilizing investment and promoting growth next year. Next year, the Ministry of Housing and Urban-Rural Development will continue to speed up the solution of the housing problem of new citizens, young people, and migrant workers, and use one bed, one room, and one suite to let them enter, stay, live in peace, and succeed in a business.
Ni Hong, Minister of Housing and Urban-Rural Development: First, we must continue to prepare for the construction of affordable rental housing and public rental housing. Second, we must promote the construction of dormitories in enterprises and parks. The third is to support the withdrawal of housing provident fund to rent and live in peace, and increase efforts to promote flexible employment personnel to participate in the housing provident fund system.