Trend decline of residential sales in key cities

In the 16 key cities last week (8th to 14th), the number of cities with merchandise housing sales fell further, from the previous 6 to 11, according to a report released by the Securities Research Institute 17th. Chengdu fell the most, sales fell to 2008 week average transaction level. Beijing signed residential 2665 sets, the chain fell 16%. Shanghai commercial Housing Pre-sale 5978 sets, the chain fell 9%.　　Shenzhen single-handedly housing deal 1405 sets, the chain fell by 19%. Data show that in the commodity housing sales for several consecutive weeks, while the key cities inventory listings also showed a trend of decline. Among them, Beijing's current residential pre-sale 79928 sets, down over 6%, to last week's turnover calculation, inventory digestion cycle of 7 months. Shanghai commodity housing stock has been in the historical low, 2 months or so can be completed sales.　　The stock digestion cycle in Shenzhen is 6.5 months. Recently, in the "national financial industry Belt and the Beijing-Southwest Development" forum, experts also analyzed, with concentrated in the urban area of the stock of the increasingly digest, the future of the major cities of commercial housing turnover will continue to fall; In addition, in the relevant industrial planning, the city's so-called "valuation depressions" will gradually reduce. Take Beijing as an example, its southwest region house prices have been relatively low, the stock availability is also more adequate, in the near future, with the development of Beijing's financial industry, the region of China resources, such as the company's new disk projects and stock of housing, the digestion speed is also significantly accelerated.