Index Research Institute: January 90% Urban new commodity housing turnover fell

Xinhua Tianjin, February 5, according to the latest monitoring of China Index Institute, in January 2010 monitored 30 cities, 90% city new commercial residential transactions fell, the total decline of about 46.42%, but Hainan Province Haikou, Sanya and other cities rose. Monitoring shows that the major cities in January, the total reduction in the volume of transactions, but the average price has not been suppressed. In the key cities, Tianjin gained the biggest, the chain Rose 12.01%, and Shanghai followed, the rise reached 8.71%. BEIJING, Shenzhen rose not more than 5%.　　BEIJING, Shanghai, Tianjin, Shenzhen, four first-tier urban transactions continue to climb, refresh the historical record, the rest of the key city prices slightly adjusted downward, but still in high position. From the monitoring of the 30 cities in the supply situation, the main cities in January inventory continued to decline, but the decline has decreased, in key cities, Wuhan, with about 1/5 of the policy housing market, led to a rise in turnover of 15.06%, in addition, Chongqing turnover is higher than the 2008 downturn in the level.　　In the non-key cities, Haikou and Sanya are driven by local policy, the volume of transactions increased by 32.26% and 32.34% respectively, of which 3 cities in Hangzhou, Nanjing and Chengdu close to their 2008 downturn. China Index Institute related analysts believe that, at the end of 2009, a series of real estate control policies, the beginning of 2010, "State 11" published, the central bank to raise the reserve ratio of banks, all over the "two sessions" almost all of the property market regulation as a key content, prompting the market to wait and see Although most of the key cities turnover in 2009, 2008 has a significant increase, but considering the 2008, 2009 Lunar New Year earlier factors, it can not ignore the macro-control to the market the actual impact.