Shanghai Commodity housing stock below 5 million square meters

Source: Internet
Author: User
Keywords Positive turnover
Tags control data developers editor it is market online show
⊙ reporter Li Hayu 0 editor Ranchi yesterday, from Shanghai "online real Estate" data show that Shanghai's primary commodity housing sales fell below 5 million square meters, only 4.8661 million square meters, 33654 sets.  According to the Sell-off speed of nearly 500,000 square meters since November, it is only equivalent to 10 weeks ' sales, and the volume of 23430 in October is only enough to sell for 1.5 months. "The government should urge developers to increase supply, and reasonable management of push and pricing mechanism, in order to alleviate a variety of positive factors brought about by the shortage of supply, control price unreasonable rise in the wind." "In the case of Scherkingshon China analyst, the recent Shanghai property market good news too much, such as the International Trade Center, the big Hongqiao, Disney and other stimuli, and news came out to find the surrounding property prices high jump." "Some developers and intermediaries are also taking the opportunity to preach no room to sell, preferential policies are due to cancel, etc., prompting buyers panic under the single, Waiting for the sale of long-term unsalable listings."  "The data obtained by the reporter show that although the third quarter Shanghai property market continued to fall in sales, but since the late October began to continue to climb, nearly three weeks of turnover is as high as 1.4834 million square meters, and the supply has not been able to keep up with, nearly three weeks only to launch 841,500 square meters. China Room Shanghai Index Office of analysts also pointed out that the current vacant turnover of new homes in Shanghai is still at a low level, supply and demand contradictions have not been alleviated, to make the market smooth operation, need to increase supply and curb overheating demand two aspects simultaneously.
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