This year, the cumulative increase of house prices in Baicheng has narrowed

On July 1, China Index Research Institute released housing price data of Baicheng in June and January-June. Data show that in the first half of this year, the cumulative increase of the average housing price in Baicheng has narrowed down, and the overall price has stabilized.

According to the full sample survey data of 100 cities by the China Real Estate Index System, in June 2019, the price of new residential buildings in Baicheng increased by 0.37% annually, a slight increase of 0.13 percentage points compared with May, but it still operates in a low range, narrowing further to 3.87% year-on-year, and the overall price. More stable paint online coatingol.com. In terms of cumulative increase, the average price of 100 cities increased by 1.45% in the first half of 2019, which was 1.19 percentage points narrower than the same period last year.

From the perspective of cities at all levels, the cumulative increase of new housing prices in first-tier cities was at a low level in the first half of the year, while the cumulative increase of prices in second-tier, third-tier and fourth-tier cities was significantly narrowed. Specifically, the absolute value of market prices in first-tier cities remained stable at a high level with a cumulative increase of 0.29%, which was in a low range; second-tier cities rose 2.30% in the first half, narrowing 1.92 percentage points from the same period last year; third-tier and fourth-tier cities rose 2.28% in the first half, narrowing 2.47 percentage points from the same period last year. Degree is the most obvious in all cities, of which more than 70% of the city's cumulative increase has fallen. From the perspective of the second-hand housing market, the average price of second-hand housing in 10 cities such as Beisheng, Guangzhou and Shenzhen in the first half of the year was stable as a whole, and the ring-to-ring increase has increased slightly since April. In the first half of the year, the second-hand house prices of the ten cities dropped by 0.01%, while the new house prices of the ten cities rose by 0.87% in the same period, which was 0.11 percentage points narrower than the same period last year. In January, the second-hand housing market showed signs of recovery in 2019. From January to March, the average ring ratio of second-hand housing prices in ten cities gradually changed from decreasing to rising. Since April, the ring ratio has increased slightly. Compared with the new housing prices, the average ring-to-ring increase of second-hand housing prices in 10 cities in June 2019 is basically the same as that of new housing. From the perspective of the scale of residential transactions, the scale of first-tier cities increased significantly in the first half of the year compared with the same period of last year, and the decline of third-tier and fourth-tier cities was the most obvious. During the period, the average monthly turnover of commercial residential buildings in the first-tier cities was about 570,000 square meters, an increase of 38.5% over the same period last year. Among them, the transaction scale of Beisheng, Guangzhou and Shenzhen increased compared with the same period last year. The average monthly turnover of the second-tier cities was about 750,000 square meters, down 1.4% from the same period last year, and the overall turnover scale remained stable. The average monthly turnover of the third-tier representative cities in the first half of the year was about 300,000 square meters, down 12% from the same period last year. The decline was the most significant among the three-tier representative cities, and more than 30% of them were representative cities.

Analysis by the relevant director of China Index Research Institute indicates that in the first half of 2019, for the real estate industry, there was a high degree of policy synergy from the central to local, from demand management to supply management. The central government timely emphasized that "housing is not speculative" at important meetings, and local governments timely follow up policies according to the changing situation. To ensure the smooth operation of the market. "Market performance, March-April this year commodity housing transactions showed a temporary warming phenomenon under a variety of factors, followed by tightening expectations of the real estate market, a slight cooling of the market, the first half of the key city commodity housing transactions in a steady decline in the scale, new house prices show a stable performance, but the market differentiation of all lines of cities is more obvious." "The number of tightening policies of local governments is low, high, stable and strict. Regulation and control should be adjusted in time to follow market changes." The above-mentioned officials pointed out that the degree of tightening of local government policies has been significantly strengthened since April this year, especially in recent years, Xi'an and Suzhou, which have been highly popular in the market, have upgraded their purchase and sale restriction policies respectively. At the same time, interest rates in some cities across the country have risen, rising and falling, and Hefei, Suzhou and Dongguan have tightened their land patching policies in a timely manner. "All these fully reflect the characteristics of timely tightening of regulation and control in keeping with market changes."