But at present, the price of second-hand houses in Hangzhou has dropped, and this upside-down situation no longer exists.
In September, among 100 key cities in China, the average price of second-hand houses in 33 cities decreased month-on-month, with Hangzhou having the largest decline of 2.29%.
In September, the transaction volume of second-hand houses in Hangzhou has been declining for four consecutive months. It plummeted by 69.6% compared with May. Hangzhou new house has a lottery policy. If you can't buy a new house, everyone will buy a second-hand house. More people buy second-hand houses, and the price will naturally go up, even higher than the price of new houses. This is the so-called second-hand house price upside down. "The latest average filing price of Rongxin Haotian, which recently shook the number, is 18460 yuan/square meter, while the listing price of second-hand houses in the surrounding Vanke Future City is more than 30,000 yuan/square meter; The average price of fine decoration in the four seasons in China is 26 105 yuan/square meter, while the unit price of blank is 20 16, which has already rushed to 30,000 yuan/square meter.
The average price of Fanhui Gaoyue Center is 17504 yuan/square meter, while the average price of surrounding second-hand houses is generally above 20,000 yuan/square meter.
In addition, emerging areas such as Linping Shanbei, Liangzhu and Sandun are all sectors with serious upside-down housing prices. ""The price of second-hand houses in Hangzhou is upside down. You can understand that the price of second-hand houses exceeds the price of new houses.
Since March this year, Hangzhou has officially launched the lottery mode. By the end of May, a large number of popular properties had obtained pre-sale certificates. As can be seen from the data, the winning rate of new housing projects continues to decrease, with the lowest winning rate reaching 2%. Before the property market in Hangzhou, the price of second-hand houses in the same sector was much lower than that of new houses, and some second-hand houses were only half the price of new houses. However, since the second half of 20 16, the price of new houses in Hangzhou has risen rapidly, and the price of second-hand houses in the same sector has also risen simultaneously. This year, the upside-down situation of new houses and second-hand houses in Hangzhou has been seriously reversed. ""House prices upside down is an abnormal phenomenon that house prices are contrary to the trend that should be presented. Under normal circumstances, the price of new houses in the unified area is higher than that of second-hand houses. Upside down means that the price of second-hand houses is higher than that of new houses.
There are two reasons why the price of second-hand houses is upside down: first, developers have re-formulated their own pricing strategies for the sake of market supply and demand, so as to make them conform to market conditions; The second is the change of residents' consumption consciousness, from the original one-sided situation to rational housing consumption demand, and more consideration is given to the convenience and benefits brought by second-hand housing. ""upside down means not proportional at all. The price of second-hand houses far exceeds the price of new houses, and the phenomenon of price inversion is serious.
Why is this upside down phenomenon? One of the main reasons is that the government guides the pricing of new houses, so that the price of new houses cannot go up, while the restrictions on second-hand houses are less. The landlord saw the whole market and greatly raised the price. "
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