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In the first half of the year, the transaction volume of new houses hit a new high in the same period of the past five years Nanjing made a new move to reduce the "virtual fire" of the property market

Financial Associated Press (Shanghai, reporter Wang Haichun) news, in order to curb the "virtual fire" of the property market, Nanjing once again introduced regulatory policies.

A few days ago, the Office of the Nanjing Leading Group for Promoting the Stable and Healthy Development of the Real Estate Market issued a notice stipulating that only one subscriber can register for a hot property listed in a centralized manner. The new regulations will come into effect on July 19.

The "Notice on Regulating the Registration of Newly Built Commodity Housing" shows that for some commercial housing projects with high attention, Nanjing will adopt the centralized supply method to list and sell, and the requisitioner can only participate in the purchase registration of a centralized supply project from the date of registration to the date of the announcement of the lottery results; for non-centralized supply projects, the requisitioners can participate in the registration of multiple projects.

Yuan Xiaochao, director of Colliers International Research Department, believes that by stipulating that subscribers can only participate in the purchase registration of a centralized supply project, the market can be prevented from overheating to a certain extent.

In addition, through the Nanjing real estate micro-government "Ning XiaoTong", Nanjing will establish a unified online registration platform for the purchase of newly built commodity housing in the city, release registration information, registration entrance, and standardize registration conditions. From the date of implementation of the above-mentioned new regulations, for commercial housing projects that are issued pre-sale permits (current sales filing certificates), the subscribers must register through the "Ning Xiao Tong" platform. At the same time, the real estate departments of Nanjing City and District will monitor the operation of the "Ningxiaotong" platform in real time.

"Without this platform, the notary department may not be able to understand the subscription information between the projects." Through the establishment of the new house online registration platform, the buyer's information will be summarized into the platform, which will help the notary department to understand the relevant information of the buyer's purchase and carry out the lottery work. If the information is summarized into this platform, a relatively complete subscriber information data will be established. Yuan Xiaochao pointed out in an interview with reporters.

As for why Nanjing introduced this new regulation, analysts believe that it is related to the continuous heating up of the local property market.

In the first half of the year, there was a phenomenon of volume and price increase in Nanjing's commercial housing. According to the monitoring data of the Middle Finger Institute, in the first half of this year, the transaction area of commercial housing in Nanjing was 7.7112 million square meters, up 117.46% year-on-year, hitting a new high in the same period in the past five years; the average transaction price of commercial residential buildings was 32573 yuan / square meter, up 14.08% year-on-year.

Affected by the substantial increase in transaction volume, the saleable cycle of commercial housing in Nanjing has declined. According to data from the China Finger Academy, as of June 30 this year, about 43,600 sets of newly built commercial houses in Nanjing can be sold, a significant decrease from May. In addition, the clearance cycle of newly built commercial housing in Nanjing continued to shorten, and the clearance cycle was only 3.5 months as of the end of June (calculated based on the average transaction value of the past 6 months).

Yuan Xiaochao believes that the buyer's mentality of "buying up and not buying down" was fully expressed in the property market transactions in Nanjing in the first half of this year.

"There are a lot of self-occupied or improved demand in the army of home buyers, but it should also be seen that changes in the market have an impact on the mentality of buyers entering the market, and some demand is released or stimulated in advance, which may also have some investment needs mixed in, making the market continue to heat up." Subscribers can only register for a hot property, this specification may not be able to fundamentally calm market expectations, but it should play a certain role in cooling the market in the short term. Yuan Xiaochao said.