Shanghai's house prices rose by 37% in November

Regarding the expectation that the market will overweight its control policy, a person close to the Shanghai Housing Authority revealed that at present, there is no plan to study the new round of policies. In the short term, it is still mainly to ensure the implementation of existing policies.

The data shows that the effect of the secondary regulation of the property market is not as pronounced as the New Deal in April. The market expects that the regulation may be overweight. Xu Xiaolin Morning Post Information

In November, Shanghai's average residential price rose moderately over the chain.

According to the "China's Real Estate Index System Baicheng Price Index" released in November, Shanghai's residential prices rose by 37.24% year-on-year in November. The increase narrowed by nearly 10 percentage points from October and 0.4% month-on-month. Since the secondary regulation of the property market in September, Shanghai's average residential prices have continued to rise moderately from the previous month. In this regard, Chen Hao said that the narrower increase in the year-on-year increase indicates that the effect of regulation and control has appeared. However, some people in the industry pointed out that there is little room for price drop in the property market in the future.

Regarding the expectation that the market will overweight its control policy, a person close to the Shanghai Housing Authority revealed that at present, there is no plan to study the new round of policies. In the short term, it is still mainly to ensure the implementation of existing policies.

80% city average price rose

From a nationwide perspective, the trend of rising prices in most cities has not been reversed.

In November, the average housing price of 100 cities across the country rose by 0.82%. Among them, the average price of residential housing in 86 cities increased month-on-month, 14 cities fell, and the average residential prices in ten key cities rose by 0.41% month-on-month. Specifically, in the ten key cities, except Nanjing, which was down 0.07% month-on-month, the average residential prices in the other nine cities rose month-on-month. Among them, Wuhan topped 1.72%, and six cities such as Shanghai gained less than 1%. .

The top ten cities in Baicheng's housing prices are: Shenzhen, Shanghai, Beijing, Hangzhou, Sanya, Wenzhou, Guangzhou, Ningbo, Fuzhou and Nanjing. Shenzhen continued to rank first with an average price of 24,601 yuan/square meter, and Shanghai ranked second with 23,333 yuan/square meter.

In this regard, Yang Hongxu said that the effect of regulation in September was obviously not significantly regulated in April. In April, a month after the “National Ten Articles” was introduced, the volume of transactions in the ten major cities was reduced by approximately 60%, and after the introduction of the "9.12 New Deal," the volume of transactions was reduced by only 30%. Among them, Shanghai's trading volume in May dropped by 70% compared with April, and October was basically the same as September. This shows that after the regulation in September, the impact on the property market was limited and the overall situation remained stable.

"Shanghai's gains are slowing down"

Shanghai residential prices rose by 0.4% month-on-month, which was a positive increase for three consecutive months since the second round of regulation in September. In September, Shanghai residential prices rose 0.33% month-on-month, and residential prices in October rose by 0.55% month-on-month.

It is worth mentioning that in the first few months of the second round of regulation, the Shanghai Housing Price Index continued to show negative growth for many months. Among them, the month-on-month ratio fell by 1.25% in July and fell by 3.54% in August. In this regard, Chen Hao believes that since the second regulation, the average price of residential housing rose by no more than 1%. Although the current property market price shows a fluctuating upward trend and has not changed due to regulation, the trend of price increase is slowing down. From the year-on-year index of housing prices, this trend is even more pronounced. According to data from the middle finger homes, Shanghai's housing prices rose by 56.39% year-on-year in July, after which the increase continued to narrow, from 47.83% in October to 37.24% in November.

Chen Hao said that the narrowing increase in the year-on-year increase indicated that the effect of regulation and control appeared. At present, the high-end projects have rebounded. Even so, the year-on-year increase in average residential prices is still narrowing, indicating that the number of low-end and mid-level projects has diluted the effect of high-end projects on price increases.

This article reads: For the market will control the policy will be overweight expectations, a person close to the Shanghai Housing Authority revealed that at present there is no plan to study a new round of policies, in the short term still to ensure the implementation of the current policy.

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