We all know that the land supply is very low in recent years, and many areas are facing the situation that there is no new house to buy, but now many sectors have increased the land supply. For example, only the Pearl Plaza in the Economic Development Zone has 4 pure new sites to be listed, followed by 6 pure new sites in the He Fei plate and 1 year 12 properties in Canal New Town.
After losing the scarcity advantage, we can intuitively feel that the competition between real estates has intensified, the difficulty of procurement has plummeted, and the confidence of developers is obviously insufficient, and they are rushing to run. In the final analysis, it still consumes existing customers, and the number of new customers is very small. Whoever drives first has an advantage. The most typical one is Longhu, and Feixi F6 opened for the first time in more than two months.
The same is true of second-hand houses. Buying up and not buying down is the general mentality of buyers. Second-hand housing prices fell, the prospects were uncertain and generally bearish, which led to the withdrawal of investors, the wait-and-see of home buyers, and it was difficult for sales and prices to improve.
Except for a small number of buildings with good quality and lots, the prices of most residential areas are falling compared with the peak period, and the number of houses is still rising steadily. If you want to sell quickly, you can only exchange price for quantity. And some old ones are small or big, which is also very difficult to circulate.
The increase in the choice of new houses and the decrease in the difficulty of purchasing make the second-hand housing market even more difficult. After all, there are new houses with cheaper prices and better quality, and most buyers who do not have urgent housing needs will choose to buy new houses. If the market continues to decline, second-hand houses in most areas are likely to continue to decline.