Tuesday, November 16, 2010

Shanghai, Nanjing City, the property market has a price to be without an emergency landing

 Our unit last year to Shanghai, Ningbo, Hangzhou, take a trip, where the property market situation with other cities in the forum, as the property market is extremely depressed, but there is a conspicuous anomaly is the amount of decline in value does not fall, that is, the so-called non-valuable City. Shanghai, Nanjing, Hangzhou, commercial housing turnover fell significantly last year, the three cities were down 57%, 54.3%, about 50%. but the price and volume in general form a increase this year, sales of commercial housing, estimated that only to the cost of a price reduction.
data from the parties concerned we can see that the overall property market in Shanghai, Nanjing and what development trend. According to the Shanghai U-right Real Estate Research Center for the latest data released last year, Shanghai 8.97 million square meters of commercial housing turnover, average turnover of 13,700 yuan / square meter. fell 56.88% year on year turnover of the area, the average price rose 32.52%. Nanjing and Hangzhou, the area of commercial housing turnover are also More than half of the decline. The online real estate can learn from Nanjing: Nanjing, in 2008 sold a total of 42,400 sets of new commodity housing, and the 2007 turnover of less than 92,500 units over 50,000 units, down 54.3%. Centaline latest statistics show that the property market in Hangzhou: Hangzhou last year, housing a total turnover of goods of about 2.08 million square meters, less than about five in 2007 into the year.
During the inspection, we found an office in Hangzhou with Beijing homogeneous real estate is more expensive than many, but not become hot property market, but there are still many vacant. The following were specific about the property market in Shanghai, Nanjing and the development of residential and office buildings and Future Trends.
Ningbo Shi
General background factors and market analysis if you must use one word to describe the property market in 2008, long-suffering is undoubtedly the most accurate word. from the turning point of the early buyers continue to wait and see, to the monetary tightening, developers outages, real estate volume decline, although the latter part of the government have introduced policies to rescue the market, but the property market is still deeply embedded. the face of earthquake disasters, Premier Wen Jiabao of the Chinese nation out of passion excited, surprised wrote on the blackboard, , a disaster for the world gather together the hearts of Chinese people successfully completed the transfer of a sports event. the property market has experienced the ordeal is not a natural disaster, the developer should learn this lesson, and more difficult property market will usher in a new property round of a major overhaul, property markets does not mean that it will ruin the property market, but in exchange for a sustainable, healthy and thriving property market. Ningbo as an export-oriented economic structure of the city, the property market exposure of their own problems with international their property against the financial turmoil naturally inevitable Ningbo, Ningbo's property market, years, Ningbo price way up, and in 2007 over the second half million. But 08 years from the completion of the housing market with high housing prices stop falling and even the historical mission, and then began to slow down, shrinkage, On 1 May, when the second phase of the ground Vanke Golden waterfront thunder, Business Baotuan condemned Vanke, the native city of two days, Prime Oaks home, Younger urban Laguna Beach, Garden, Yong 3, Aqua south, on the City Silver billion on such real estate also offers various discounts and flash bright debut. the real estate business survival instinct is hesitant to lower the price of real estate reached the market. So basically the price of the property market in 2008 the callback of the year. (2) real estate supply and demand eased .2004 State real estate market since the cumulative effect of continued regulation, particularly regulation of the land in 2007 and the second home mortgage policies clearly show the effect of policies, to some extent changed people's expectations for the housing market, the entire housing market began to change have some reason. the phenomenon of speculation has been effectively controlled, consumers wait and see mood increased, decreased market demand, supply and demand imbalances than to ease severe, but limit the increase in the supply of housing programs, but also the diversion of part of the purchase demand.

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