Preface
In today's rapid development of the times, high-rise buildings in various cities have sprung up like mushrooms after a rain, and now not only the first and second tier cities, but also the corners of the fifth and sixth tier small cities are also a lot of dozens of floors of buildings, which makes people feel that people's lives have really changed for the better.
In the past, the small city was still relatively empty, even in the urban area there are this large vacant land, and then with the slow infiltration of major real estate companies such as Poly, Country Garden, Evergrande and other well-known real estate developers, there is a "prosperous" scene everywhere, and small towns have also begun to have luxurious high-rise communities.
What's new
On May 17, the Financial Associated Press released news that according to the latest data from the National Bureau of Statistics, from January to April 2024, the real estate development investment situation nationwide showed a downward trend. Specifically, although the total investment in real estate development during this period also reached 3,092.8 billion yuan, compared with the same period last year, there was a decline of 9.8%. Among them, residential investment accounted for a considerable proportion, reaching 2,339.2 billion yuan, but also showed a downward trend of 10.5%.
Although various real estate data have been declining in recent years, the vacancy rate of people's houses has been steadily increasing.
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Xiaobian also found that the area of new construction and completion area has also declined significantly. Housing starts fell by 24.6% year-on-year to 235.1 million square meters, while residential new starts fell by 25.6%. At the same time, the area of housing completions also decreased by 20.4%, of which the area of residential completions decreased by 21.0%. These figures also further reflect the current tough situation in the real estate market.
Subsequently, in terms of sales, the sales area and sales of newly built commercial houses also showed a downward trend. From January to April 2024, the sales area of newly built commercial housing will be 292.52 million square meters, a year-on-year decrease of 20.2%, which is a bit shocking to Xiaobian, indicating that there are many fewer people buying houses now.
Xiaobian found that the decline in residential sales area was even greater, reaching 23.8%. At the same time, the sales of newly built commercial housing also fell by 28.3%, of which residential sales fell by 31.1%.
Netizens complained
Many netizens are also complaining, why is all the data of real estate declining now, but when I went to the sales department, I found that the price of the house was still very strong? Not only is the price firm, but the first time I see you in the sales department will say: Brother, now the houses in our community have been sold, and there is only one top floor left on the 1st floor, 18th floor, you hurry up, otherwise they will all be robbed!
Now not only is it difficult to buy a first-hand house, but also a second-hand house is also troublesome, not only to pay all kinds of taxes, but also to be afraid of this, afraid of that, afraid that the homeowner has a debt mortgage real estate certificate, whether there is anything wrong with the house, selling too cheap, and afraid of whether something has happened to the room.
Recently, Xiaobian also noticed that the Ministry of Housing and Urban-Rural Development and the People's Bank of China and other ministries and commissions have set up a joint working group to prepare for the launch of real estate "major measures", and there may be heavy news released at 4 pm on May 17. Many friends are guessing what a major move is, and you can communicate in the comment area.
Netizen comments
A young lady in Jiangsu said: Of course, the house price will only rise in price will always be bought, this truth is known to the people, the question is how he disposes of the house after adding money to buy a house, is it always empty that or what, the logic is right, but it is indeed a little incomprehensible.
A beautiful boy in Guangdong commented: I think the house will soon be polarized, good houses, such as: fourth-generation houses, large flats, villas, bungalows...... It will become more and more expensive, and general commercial housing and urban relocation housing will be very cheap. And prices will go up, and the cost of living will go up.
An uncle in Henan said: At first, I also thought that whoever bought would take over the market, but now you look at the comment area, casually flip through it, most people are bearish, so it may rise.
Translated into human words, people who have a house want to rise, people who don't have a house want to fall, most people want to fall to prove that there is still a demand, pure personal opinion, yin and yang weirdness and brainless spray don't come to the side, and then emphasize that it's just a personal opinion.
Final conclusions
Overall, Xiaobian found that in the first four months of this year, the national real estate development investment, construction, new starts, completions and sales have shown a downward trend, showing that the real estate market is currently facing more severe challenges.
The current mortgage interest rate is not low, and the interest rate in many foreign countries has dropped to a very low level, such as 1.32% in Finland, 1.38% in Japan, 1.68% in France, etc., and the reduction of loan interest rates can greatly improve people's enthusiasm to buy a house.
Finally, Xiaobian also wants to say that real estate every day is useless to send all kinds of benefits, it is better to directly reduce the price of the truth, how much is the first-hand house in your city now? Leave a message in the comment area to discuss.