1. What happened when a second-hand landlord in Nanjing jumped the price overnight 1 10,000?
In fact, this price increase behavior does not represent the real relationship between supply and demand in the market, but only the psychological expectation of some landlords. From the data point of view, the transaction volume of new and second-hand houses in Nanjing has continued to decline, and the inventory is also increasing. This shows that the market is still running at a low level, and the mentality of both buyers and sellers is unstable.
So, why do some landlords suddenly raise prices? There are several main reasons:
1, stimulated by favorable policies
Recently, the National Development and Reform Commission, the Ministry of Housing and Urban-Rural Development and other departments have expressed their hope to stabilize the real estate market and relax some policies such as restricting purchases, loans and sales. This makes some landlords feel that the market will pick up, so they seize the opportunity to raise the listing price and try to get higher returns.
2. Affected by the price of new houses.
Due to the tight supply of new houses, some popular properties are selling well and the prices are relatively high. This makes some second-hand housing landlords feel that their houses are also valuable, and they follow the price increase, hoping to sell them at a good price.
3. Affected by the average residential price.
The price of second-hand houses in some old communities is relatively low, but due to location advantages or upgrading and other factors, there may be greater room for appreciation. This makes some landlords feel that their houses are undervalued, so they raise the listing price, hoping to raise the average price of the community.
4. Affected by psychological factors
Some landlords may not be in a hurry to sell their houses, but want to see the reaction of the market. They may deliberately raise the listing price to test the buyer's psychological bottom line and payment ability. Some people are willing to pay a high price and earn; No one cares, no loss.
In short, the overnight surge of second-hand housing landlords in Nanjing 1 10,000 does not mean that the market has really picked up. This is only a psychological expectation and tentative behavior, and it can't reflect the real supply-demand relationship and price level of the market. Want to buy and sell second-hand housing, according to their actual needs and economic ability to decide. Don't blindly follow the trend or be fooled.
Second, what real estate information is worthy of attention?
According to Xinhua News Agency, on July 24, 2023, the Political Bureau held a meeting to analyze and study the current economic situation and deploy economic work in the second half of the year. We should adhere to the general tone of striving for progress while maintaining stability, strive to expand domestic demand, boost confidence, guard against risks, and promote effective improvement of economic quality and reasonable growth in quantity. In the field of real estate, there are also many arrangements. According to the relevant deployment, what real estate signals have been released? What information is worth paying attention to?
1, housing enterprises should pay close attention to self-help.
Previously, the central government has been implementing the "three red lines" policy. As a result, many developers have fewer financing channels than before. When housing enterprises do not have enough available funds, they cannot maintain the project construction well. At this time, the auction house's risk of uncompleted residential flats increased sharply. Everyone who bought uncompleted residential flats must repay the housing loan on time and in quantity until it is paid off, provided that their personal credit information is not adversely affected. Later, the "Finance 16" scheme was implemented at the national level, but overall, only the financing amount of large housing enterprises increased. On the other hand, those small and medium-sized developers still don't have enough funds available.
Under such circumstances, the central level proposed that major housing enterprises should seize the time to save themselves. After all, the amount of funds available to the country is certain. The most important point of self-help mentioned here lies in itself, which means that housing enterprises should accelerate their transformation and development.
2. Increase the construction of affordable rental housing.
The value of the house is high, which we can understand when the property market is completely cold. Even if the average family wants to buy a house in full, there is nothing they can do. In order to meet everyone's housing needs, although the national level can't reduce the housing price to everyone's affordability, it can also find ways to increase everyone's financing channels. One of the most fundamental ways and means is to comprehensively increase the construction of affordable rental housing. Although the renter can't get the property right of the house, he can temporarily rent a more secure house at a lower price. In the future, there will be more affordable housing in the market than before. At this time, everyone's housing will be more fully guaranteed.
3. Give more subsidies to families who just need and improve their housing.
According to the data released by the National Bureau of Statistics, the housing ownership rate of urban families in China is as high as 96%, and the number of houses owned by each family is more than 1.5 sets. Obviously, today's families who have real housing needs but haven't bought a house are largely because their savings on hand can't satisfy their ambitions. In view of this, the relevant state departments have given more preferential policies to those families who really need housing. For example, reducing the down payment ratio and reducing mortgage interest. In any case, after people's cost of buying a house is lower than before, those who just need it with insufficient savings on hand are one step closer to buying a house.
Personal opinion:
Under the current economic environment and social background, the stable and healthy development of the real estate market is of great significance to the economic stability and social harmony of the whole country. First of all, the policy no longer emphasizes "no speculation in housing", which shows that the government may pay more attention to the actual situation and regulate the real estate market in different cities and regions more flexibly. Secondly, resolving real estate risks is still the key work in the second half of the year, which reflects the firm attitude of the government in real estate regulation and control. In addition, the policy emphasizes the need to adapt to the major changes in China's real estate, which reflects the government's high concern for market dynamics. What is worthy of recognition is that the policy mentions supporting just-needed and improved buyers to solve the housing problem of young people.