The question of the future trend of housing prices and whether it is suitable to buy a property at present needs to be analyzed from multiple dimensions.
First of all, from the perspective of the macroeconomic and policy environment, the real estate market is greatly affected by government regulation. According to the contents of Reference Articles 1 and 3, the government will continue to implement real estate market regulation policies, including purchase restrictions, loan restrictions, price restrictions, etc., to curb the rapid rise of housing prices. In addition, the policy will also focus on "stabilizing the market" and "destocking", and optimize the implementation of supporting policies. These policies have helped stabilize housing prices to a certain extent, but they may also affect the supply and demand relationship in the property market.
Secondly, from the perspective of market supply and demand, according to the data provided in Reference Article 3, in the first half of 2024, the overall national new home sales will continue to adjust, and the second-hand housing market will maintain a certain scale of transactions driven by "price for volume". The performance of new home sales is weak, while the second-hand housing market shows good activity in some cities such as Shanghai, Shenzhen and Hangzhou. This suggests that there may be differences in housing price trends in different cities and regions.
Let's look at the specific trend of house prices. Housing prices in first-tier cities and some hot second-tier cities are likely to continue to show an upward trend in the future due to factors such as population inflow, policy support and economic development. In most second-tier cities and third- and fourth-tier cities, housing prices will stabilize. In addition, there are also differences in housing prices in different regions, with relatively high housing prices in coastal areas and developed urban agglomerations, while housing prices in inland areas and underdeveloped cities are relatively low.
So, is it time to get started? This needs to be considered comprehensively according to the actual situation and needs of the individual.
Financial strength: Homebuyers need to seriously consider their financial strength, including savings, sources of income, etc. If you're financially stable and have enough savings to support a home, consider getting started.
Policy environment: Homebuyers need to carefully study the changes in policies, including regulatory policies, tax policies, etc., and whether these policies have an impact on their home purchase plans. If the policy environment is more favorable, then the likelihood of being suitable for home ownership will also increase.
Housing needs: Buyers need to clarify their housing needs, including the purpose of buying a house, the area where they want to buy a house, and the budget for buying a house. If you have an urgent need to buy a house and have a clear plan to buy a house, then you can consider starting it.
Housing price trends: Buyers need to pay attention to the trend of housing prices, including the housing price trend in the city where they are located, the value of the property they are buying, etc. If the price has investment value and fits your home buying budget, then you can consider buying it.
In short, the trend of future housing prices is affected by a variety of factors, including the policy environment, market supply and demand, economic development, etc. Buyers need to make comprehensive considerations, prudent judgments and decisions according to their actual situation and needs. At the same time, it is also necessary to pay attention to the uncertainty and risk of the real estate market, and do a good job in risk management and control.