Shanghai property market prices fell last week

Source: Internet
Author: User
Keywords Real estate property market turnover
Tags analysts change demand development market market adjustment market supply research
Analysts said: "The adjustment has begun, the Shanghai property market or will change the Hao Shanghai property market all the way singing in the last week (July 6 ~7 12th) has changed-volume fell sharply 21%, the average price also fell 9%.  The latest figures from the Center for Real Estate Research show the change, some analysts say: "The adjustment has begun, the Shanghai property market may be changed."  In fact, the Shanghai property market in the previous week to put the number of days, but show the stagnation of the price of the situation, some experts think perhaps the Shanghai property market adjustment began.  In the current relatively low season, Lu Linlin, deputy director of the Real Estate Research center, said, "Turnover is relatively normal", while the average price fell mainly due to the external area transactions increased the average price last week, and the earlier high-end projects concentrated transactions in the last week also decreased, which also became the reason for the average price decline. Scherkingshon, a Chinese analyst with Easy residence, said: market emergence of "trough" is mainly affected by the "inverted floor" incident, carpet-type investigation makes the developer's push-disk rhythm affected, the new disk supply significantly decline, less than 200,000 square meters per week supply volume, weekly turnover from 500,000 square meters to 400,000 square meters of the level.  Low-priced listings to become the main deal, the top 10 in 8 real estate prices in 12000 yuan/square meters below. The delicate situation of the property market this summer is worrying. CBN reporter learned: Yesterday, Shanghai Municipal Housing association called on the Shanghai developers, formally issued a call for the "real estate development enterprises to understand the current situation, to cherish the current market warming stable situation, reasonable pricing, promote sales."  The news from the Shanghai Municipal Housing Association said: The next stage of the task is to pay attention to regional differences, local conditions for market regulation. In particular, the second half of the year, should further expand real estate investment, accelerate the project development progress, thereby increasing market supply, to solve the market demand for the current situation, to stabilize market prices and maintain stable and healthy development of the property market.  "China Housing Real Estate Research Association, Deputy Chairman of the Ministry of Construction Housing policy Expert Committee deputy Director Gu yesterday in the Shanghai Municipal Housing Society, said clearly. Gu insists: "Real recovery in real estate market is still early, depends on the macro trend, depending on the real economy."  "After this round of regulation, the real estate market bubble has been a considerable squeeze, but excess liquidity, liquidity to the property market transfer, etc., is still the impact of the smooth development of the real estate industry factors." "First of all, we should try to increase market supply, expand new land, stock land supply and increase housing investment, which will not only boost domestic demand, digest ' overcapacity ', but also increase urbanization reserves." "Shanghai Housing Society to the developers of the initiative, and said that" in terms of demand, the main point Wang ' real fire ', control ' false ', that is, to stimulate effective rigid demand, control irrational investment. ”
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