Reading guide:According to the survey data of new and second-hand residential buildings in 100 cities across the country by the price index index of China's real estate index system,In January 2024,The average price of new residential buildings in 100 cities was 16,244 yuan / square meter,Up 0.15% month-on-month,Up 0.43% year-on-year;The average price of second-hand housing in 100 cities was 15,230 yuan / square meter,down 0.56% month-on-month and 3.96% year-on-year。
In terms of foreclosure houses, 242 units of foreclosure houses were transacted in Beijing in January, with a total transaction amount of 1.977 billion yuan and an average transaction price of 8.17 million yuan. Among the transactions, there were 145 units in the first auction, 91 units in the second auction, and 6 units in the third auction/sale, with a total of 1,074 people participating in the auction, and an average of 4.4 people participating in the auction, with an average discount of 7.6%.
January Beijing foreclosure market report
According to data from Hanhai Data Research Institute, a total of 67,700 second-hand houses were signed in 10 key cities (Beijing, Shenzhen, Hangzhou, Chengdu, Suzhou, Nanjing, Qingdao, Dongguan, Foshan, and Xiamen), up 0.45% month-on-month. There are 6 second-hand houses in 10 cities with an upward trend month-on-month, including Nanjing 19.72%, Qingdao 10.87%, Xiamen 6.25%, Suzhou 4.26%, Chengdu 3.64%, Foshan 2.99%, and 4 with a downward trend, Beijing -4.71%, Hangzhou -29.82%, Dongguan -6.25%, and Shenzhen -4.65%.
In January 2024, a total of 232,451 foreclosure houses were listed nationwide, -9.60% month-on-month and 233.55% year-on-year. Among them, 112,446 residential units were listed, -5.25% month-on-month, and they operated above 100,000 units for three consecutive months, up 198.99% year-on-year.
In January, a total of 895 houses were listed in Beijing, including 615 residential units and 280 commercial units.
The specific market performance situation is as follows:
1. Analysis of the average price trend of foreclosure houses and second-hand houses in Beijing
In January, the average transaction price of foreclosure houses in Beijing was 50,600 yuan/㎡, up 4.76% month-on-month and 0.60% year-on-year, and the discount rate was 19.3% compared with the unit price of second-hand houses in January of 62,700 yuan/㎡.
2. Analysis of the transaction situation of foreclosure houses in Beijing
1
In January, the total transaction value of foreclosure houses in Beijing was 1.977 billion yuan, and the average transaction price was 8.17 million yuan, with the total transaction amount -0.96% month-on-month. The total transaction area was 50,000 square meters, -7.74% month-on-month and 32.38% year-on-year. The total market value of the transacted houses was 2.658 billion yuan, saving 681 million yuan of purchase money for buyers.
2
In January, 895 foreclosure houses were listed in Beijing, including 615 residential units, and 729 units were effectively auctioned, and 242 units were sold, with a transaction rate of 33% (this data has subtracted the number of cancelled units). Among them, the transaction rate of residential buildings was 43.19%, the transaction rate of villas was 37.74%, and the transaction rate of commercial offices was 14.40%.
3
In January, the total number of participants in the auction of foreclosure houses in Beijing was 1,074, with an average of 4.4 participants. Among them, 4.1 people/set of residential, 4.8 people/set of villa, and 6.1 person/set of commercial office.
3. Regional analysis of foreclosure houses in Beijing in January
1
In January, the transaction price of foreclosure houses in Beijing was relatively special, and the prices of foreclosure houses in Shunyi District, Yanqing District, Changping District and Mentougou District exceeded the market price of second-hand houses, because there were more villas and luxury houses in the transaction houses, Daxing District and Haidian District were discounted by more than 9%, and Fangshan District was discounted by more than 8%.
2
In January, the total transaction price of Chaoyang District was 639.72 million yuan and the transaction area of 11,336.35 square meters was the first place for two consecutive years, the total transaction price of Haidian District was 344.37 million yuan, and the transaction area of Fengtai District was 10,243.06 square meters.
3
In January, 57 units were effectively auctioned in Fengtai District, and 30 units were sold, ranking first with a turnover rate of 52.63%, while Haidian District ranked second with a turnover rate of 41.07% with 56 units effectively auctioned and 23 units were sold.
4
In January, the foreclosure market in central Beijing was more active, with Haidian District having the highest degree of sought-after listing, with an average of nearly 7 people grabbing 1 room, Miyun District, with an average of 6 people signing up for the auction, and Fengtai District having an average of 5.2 applicants per house.
Fourth, the analysis of the transaction data of the foreclosure house in January
In January, a total of 242 foreclosure houses were sold in Beijing's foreclosure market, and 145 units were sold at the first auction, accounting for 59.92%. In terms of discounts, 98 houses were sold at 7% off, accounting for 40.50%, and 76 houses were sold at 20% off, accounting for 31.40%. From the perspective of regional distribution, Chaoyang District accounted for 25%, with 59 units sold. From the analysis of the use of real estate, ordinary houses accounted for 73.55%, villas accounted for 8%, among the transactions, the total price of less than 3 million rigid demand houses was 74 units, and the area of less than 90 square meters had 84 units, accounting for the largest proportion.
5. The top listings in Beijing's foreclosure market in January
In January, among the listings participating in the auction (note: the data dimension taken is residential), the most popular target was Lincoln Park in Yizhuang Development Zone, with 18 participants, and Dongcheng Andingmen West Street (Bungalow) became the target with the highest premium rate, with a premium rate of 121.83% compared with the starting auction; Fangshan Yingfeng Sanli became the lowest discount in January, with a discount of 4.1 percent, and also became the lowest transaction price in January with 390,000 yuan, and the transaction price difference of Haidian Wancheng Huafu Shangyuan was the largest, with a transaction price 27.35 million lower than the market price, and also became the highest transaction price in January with 56.45 million.
6. Overview of the Beijing foreclosure market in February
Up to now, there are 480 valid listings to be auctioned in February, with a total listing price of 7.79 billion yuan, a total market value of 12.158 billion yuan, and an average starting discount of 6.7%.
The specific manifestations are as follows:
Among the listings to be auctioned, there are 320 residential units with an average starting discount of 7.2 discounts, 31 villas with an average starting discount of 7.5 discounts, and 129 commercial units with an average starting discount of 6.7 discounts. Among them, 137 units in Chaoyang, 40 units in Changping and 39 units in Haidian ranked among the top three in terms of the number of properties to be auctioned, while 284 units were sold in the first auction, 141 units in the second auction, and 55 units in the third auction/sale. In February, in terms of area, there were 175 units under 90 square meters, 144 units above 200 square meters, and 223 units below 3 million yuan, accounting for the largest proportion.
summary
To sum up, it is the data of Beijing's foreclosure market in January 2024.
In terms of policy, the Ministry of Housing and Urban-Rural Development and the State Administration of Financial Supervision require cities at and above the local level to establish a real estate financing coordination mechanism to coordinate and solve difficulties and problems in the real estate market in a timely manner. On January 24, the People's Bank of China (PBOC) and the State Administration of Financial Supervision (SFA) issued a document to support national commercial banks in issuing operating property loans to qualified real estate enterprises by the end of 2024 to repay loans and open market bonds related to the real estate stock of the enterprise and its group holding company.
At the end of January, the local level ushered in the relaxation of the purchase restriction policy in three cities in four days. It is expected that in the future, the easing policy of the property market may continue to be implemented, helping the real estate market to stabilize and recover. If the policies at both ends of supply and demand work together, the real estate market is expected to bottom out and stabilize in 2024.