AI-generated summary
Since the beginning of this year, various regions and departments have insisted on implementing city-specific policies, adjusting and optimizing real estate policies, continuing to control growth, destocking, and optimizing supply, revitalizing existing commercial housing through multiple channels, eliminating inventory, solidly promoting urban renewal, actively promoting the adjustment and optimization of the housing system, and accelerating the construction of a new model of real estate development.
The National Bureau of Statistics recently released statistical data on changes in commercial housing sales prices in August and the basic situation of the national real estate market from January to August. Yang Caifang, a senior statistician at the Urban Department of the National Bureau of Statistics, said that in August, among 70 large and medium-sized cities, the sales price of commercial housing in first-tier cities increased month-on-month, the month-on-month decrease in second- and third-tier cities generally narrowed, and the year-on-year decrease in first-, second- and third-tier cities continued to narrow.
Judging from the situation of new commercial housing, among 70 large and medium-sized cities in August, the year-on-year decrease in sales price of new housing in 38 cities narrowed compared with the previous month. Among them, the year-on-year decrease in sales price in first-, second-, and third-tier cities narrowed by 0.2 percentage point, 0.1 percentage point, and 0.1 percentage point respectively compared with the previous month. Judging from the situation of second-hand housing, among 70 large and medium-sized cities in August, the year-on-year decline in residential sales prices in 48 cities narrowed compared with the previous month. Among them, the year-on-year decline in sales prices in first-tier, second-tier, and third-tier cities narrowed by 1.0 percentage point, 0.2 percentage point, and 0.2 percentage point respectively compared with the previous month.
This shows that since the beginning of this year, various regions and departments have adhered to city-specific policies, adjusted and optimized real estate policies, continued to control growth, destocked, and optimized supply, revitalized existing commercial housing through multiple channels, resolved inventory, solidly promoted urban renewal, actively promoted the adjustment and optimization of the housing system, and accelerated the construction of a new model of real estate development. The results are gradually showing.
Recently, the total volume of real estate transactions in our country has improved. Fu Linghui, spokesperson of the National Bureau of Statistics, said that with the changes in the development stage of my country's real estate market, the market transaction pattern is undergoing profound adjustments. In the past, most transactions of new houses were gradually shifting to mostly transactions of existing houses. This is an important change. According to recent data released by the Ministry of Housing and Urban-Rural Development, the area of online second-hand housing transactions from January to August reached 550 million square meters, which has been higher than the sales area of new homes for many consecutive months. In terms of growth rate, the sales area of newly built commercial housing decreased by 12.1% year-on-year from January to August, while the area signed online for second-hand housing transactions increased by 10.6% year-on-year. Despite the decrease in new commercial housing transactions, the total real estate market transaction volume has stabilized as second-hand housing transactions have increased.
The inventory of new commercial housing continues to decrease. Fu Linghui introduced that various regions have actively taken measures to promote the destocking of commercial housing through various methods such as housing purchase subsidies, selling old and buying new support policies, and converting inventory into affordable housing, and have achieved positive results. At the end of August, the area of newly built commercial housing for sale nationwide fell by 1.1% year-on-year. It has declined for six consecutive months this year, and the decline has continued to expand in recent months. Among them, the area of commercial housing for sale less than 3 years ago fell by 4.2%, and the short-term inventory reduction effect was more significant.
At present, real estate has entered the traditional "Golden Nine and Silver Ten" sales season. Li Yujia, chief researcher of the Guangdong Provincial Housing Policy Research Center, believes that developers are making supply arrangements before the "Golden September and Silver Ten". The supply of cost-effective products will be accelerated in September and October, and transaction volume is expected to increase in these two months.
In recent years, the supply and demand relationship in my country's real estate market has undergone major changes, and better meeting the people's housing needs has become a new trend in the development of the real estate market. At present, the people's housing demand is showing a trend of diversified development towards "good or not, suitable or not", and the demand for smart, green, age-friendly and other housing is increasing. The original real estate market operation model is increasingly difficult to adapt to new changes in the real estate market, and it is necessary to accelerate the transformation of the real estate development model.
Fu Linghui said that since this year, relevant departments have further deepened the reform of the housing provident fund system, improved the sales of commercial housing and its supporting systems, and promoted the construction of a new model of real estate development. From the perspective of future development, the implementation of these policies and measures will help promote the transformation and development of my country's real estate market and better meet the people's needs for a better life. Reporter Kang Shu
AI outlook — possibilities, not facts
Transaction volume will increase in September and October
Possible · Within months

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