The end of October is bleak. The central bank will double drop again. The Beijing property market will usher in a warm winter. The end of October is bleak. The central bank will double drop again. The Beijing property market will usher in a warm winter. 2015 also includes the demand for waterproof coatings, especially high-performance polyurethane waterproof coatings. October 30
[China paint information] at the end of golden autumn, the coolness is getting stronger. The performance of the "silver ten" Beijing property market is still unsatisfactory. As of October 25, 2701 pure commercial residential units were sold, down 20.5% month on month. However, after two months, the central bank cut the reserve requirement and interest rate again, and the cost of house purchase further reduced. Industry insiders predict that the commercial housing market in Beijing may be abnormal in the last two months of 2015 and have a "warm winter"
"silver ten" transaction downturn
in October, although the new housing market transactions increased gradually in the week, they were still at a low level. At present, the performance of the "silver ten" Beijing property market is far from meeting expectations, continuing the downward trend of trading volume in August and September
according to the statistics of linkhome Research Institute, in the fourth week of October, the number of new commercial residential units signed was 2472, a slight decrease of 0.3% month on month. 1237 pure commercial residential units were sold, up 52.9% from last week. The average transaction price was 31535 yuan/square meter, basically the same as last week. As of October 25, the number of new commercial residential units signed was 6390, down 9.2% month on month. 2701 pure commercial residential units were sold, with a month on month decrease of 20.5% and an increase of 7.9% over the same period last year. It is expected that the transaction volume of the whole month will be about 4000 units, and the transaction volume of the "silver ten" may be less than that of the "golden nine", and the transaction volume of pure commercial residential units will decline for three consecutive months
in terms of price, the current new house price remains "stable and rising". According to Li Qiaoling of linkhome Research Institute, the average transaction price of pure commercial housing this week is basically the same as that of last week. This year, the overall "de commercialization" of new housing projects is good, and real estate enterprises do not have the power to reduce prices and promote sales. Therefore, this year's "golden nine and silver ten" projects have not given more preferential promotional measures as last year, and it is expected that house prices will continue to rise in the fourth quarter
in addition, last weekend, the central bank announced that it would cut interest rates and reserve requirements again from October 24, resulting in a sharp decline in house purchase costs and a further easing of the financing environment. With the steady progress of the long-term mechanism, the "silver ten" market is expected to end
"from the perspective of several projects that entered the market last week, the current market enthusiasm for house purchase is still strong, and many projects still have 'sunshine' on the opening day. The decline in market transactions in October is mainly related to insufficient supply." Li Qiaoling believes that as of October 25, the supply of houses with pre-sale certificates was only 826 units, down 84% from the same period in September. On the one hand, after a large amount of digestion in the early stage, the inventory in the hands of real estate enterprises is not much, and the pace of selling slows down; On the other hand, due to the low supply of residential land in the upstream last year, the supply of residential land in the downstream this year was dragged down
this year, the supply-demand relationship of Beijing's property market has changed, and the iron mills are actually not optimistic about the later market. According to the statistics of Yahao agency, in the first three quarters of 2015, a total of 54031 commercial residential units (excluding affordable housing and self owned housing) were sold in Beijing, an increase of more than 10000 units compared with the same period last year; But at the same time, the market supply has fallen sharply. In the first three quarters of 2015, only 193 projects entered the market in Beijing's commercial housing market. Carbon fiber composites became the best choice for automotive lightweight, with a decrease of 45 compared with the same period last year, and the number of new supply units was 28887, a sharp decrease of 36% year-on-yearAccording to Guo Yi, the marketing director of Yahao agency, the overall supply market of Beijing real estate market is not performing well this year. After the end of the year, developers' willingness to supply has fallen further. In November, Beijing's commercial housing market is expected to have only 22 projects entering the market, and this opening volume will also create a new low in supply for nearly six months since May. After the not outstanding "golden nine silver ten", Beijing's supply market gradually began to "enter the winter"
the property market will usher in a "warm winter"
the Beijing property market has experienced a decline in trading volume for three consecutive months, mainly due to the overdraft of house purchase demand and insufficient market supply. After two months, the central bank cut the reserve requirement and interest rates again. Insiders generally believe that the "double reduction" will continue to benefit the property market, and it is expected that the Beijing property market will usher in a "warm winter"
Yan Yuejin, research director of the think tank center of E-House Research Institute, believes that there is no need to worry about the slight fluctuations in Beijing's property market transactions. In the environment of continuous loose policies, the cost of house purchase will be further reduced, and buyers will actively use such credit conditions to enter the market. On the whole, the Beijing property market is still likely to continue to rise in August, and the Beijing property market will usher in a "warm winter"
"under the influence of supply volume and supply price, the trading volume fell in February. This double drop is undoubtedly good for the real estate market. At present, the real estate market has avoided the twists and turns of stretching and tightening before the end of the year. It is expected that the cumbersome trading volume of replacing different experimental accessories in the same space will stabilize. At present, developers are not in a hurry to destock, but refine products to adjust profit space." Guo Yi said in an interview