The good news on the Internet about the big increase in property market sales in 2024 is wave after wave. However, the reality may not be as rosy as everyone thinks.
According to the data released by CRIC, the top 100 real estate companies achieved sales of 312.17 billion yuan in April, down 12.9% month-on-month and 44.9% year-on-year.
There are also many insiders in the industry who admit that last year, no matter how difficult the market was, it was possible to walk one or twenty sets a month, but what about this year? The discount is greater than last year, but it can't be sold. Moreover, this difficulty is not an isolated phenomenon, and it can be said that the situation is similar almost throughout the country.
In order to promote the steady and healthy development of real estate, the mainland has taken action to "rescue the market" in many ways this year, such as the interest rate cut at the beginning of this year, which was lowered by 25 bp at one time, which is the most violent interest rate cut in history. In addition, various banks have provided one-to-one financial support for tens of thousands of real estate projects, etc.
It can be said that the stimulus policy for the property market has been a blockbuster. However, except for the release of some house purchases when the measures were implemented, the follow-up situation was not ideal.
The most critical reason for this is that the gap between supply and demand is too large. The current little demand simply can't digest the inventory in the early stage, and developers are still pushing to increase inventory, so that the property market is always in a tug-of-war.
What to do?
In view of the difficulty of selling houses, the national level has recently begun to implement stronger destocking measures, and the "acquisition tide" of real estate has begun.
.01
The state acquires real estate
This should be the biggest attraction of the next property market inventory, because the effect is direct. Moreover, the Ministry of Housing and Urban-Rural Development has made it clear that the housing development plan for 2026~2030 will be planned in advance, and the five-year plan will take the construction of affordable housing as an important part of the housing development plan. The aim is to ensure that the government guarantees housing for wage earners.
According to the latest plan, the supply of affordable housing is planned to exceed 2 million units per year, which shows the huge supply data.
Moreover, from the clear information, the central government to purchase the stock of housing for the pilot work has entered the implementation stage, plans to Chengdu, Qingdao, Chongqing, Tianjin, Fuzhou, Changchun, Zhengzhou, Jinan pilot 8 cities to invest 100 billion, of which Fuzhou 488 million, Jinan 460 million, Tianjin 1.288 billion, Qingdao 1.85 billion and other cities the first loan support.
For example, in Qingdao, the city's first loan acquired 2,319 houses in 7 real estate projects, all of which are difficult to decentralize.
Moreover, if the pilot loans work well, it is believed that the second batch of loans will soon follow, and other cities will soon promote them, and the volume of housing purchases will rise rapidly.
In addition, the Ministry of Housing and Urban-Rural Development has also made it clear that local governments are required to report housing development plans for 2024 and 2025, as well as plan housing development plans for 2026-2030 in advance.
In fact, this is already obvious, while increasing efforts to acquire real estate, while reminding places with a lot of inventory not to supply land again, to ensure that new inventory is not easily formed. In this way, the speed of inventory digestion will be accelerated, and next, the acquisition of stock housing for affordable housing should be one of the important grasps to support the recovery of the property market.
.02
Both types of houses may be acquired
1. A new house that really can't be sold
For example, Qingdao repurchased 2,319 sets of stock commercial houses with loan support of 1.85 billion yuan at the beginning of the year. Chongqing state-owned enterprises acquired 4,207 houses. Among them, new homes that are always unsellable may be the object of preferential acquisition.
2. Use as an old house for replacement.
Taking Xuancheng in Anhui Province as an example, it is required that the old house has a construction area of less than 144 square meters, the mortgage has been settled, and it is not an illegal house.
Moreover, this replacement does not limit the number of sets, you have several sets can be replaced, if the old house has a parking space, it can also be used to replace the parking space of the new community, there are a few for a few, very thoughtful.
However, it is important to understand in advance that the new house purchased by the trade-in must be a house designated by the government as a "housing pool".
And it is worth mentioning that at present, there are a certain degree of discounts for the acquisition of housing in various places, such as some "88% off" acquisitions according to the market appraisal price, and even 6% off acquisitions. After all, if this measure is to be sustained, it needs to ensure that the acquirer does not lose money.
But what about the owners coming? Our suggestion is: if you are not in a hurry to replace, you can first consider listing and selling at a higher price than the purchase price, and dispose of your property in which way it is cost-effective.