Property developers ' price increase and policy reds

May Capital of the new plate, the average price rose 13.8%, the daily sales of residential quarter-per-ring decline 16.3% property market small Yangchun finally destroyed in the developer's own hands. After the 3 April volume blowout, the capital market in May began to turn straight down. Beijing Real Estate Transaction Management network data show that May commodity residential quarter Average daily sales 371 sets, the chain April down 16.3%. Corresponding to the decline in trading volume, since May, almost all developers have been to the sale of its property prices. "It is unwise to raise prices."　　"I love my family," said Hu Jinghui, deputy general manager of real estate brokerage company, in an interview with the Huaxia Times. Property prices led consumers to wait and see, began to affect real estate investment. May 27, the State Council will reduce the proportion of commercial housing investment project Capital from 35% to 20%, trying to stimulate real estate investment to boost domestic demand. In the face of the housing market weakness, the policy has a bit of a punch in cotton results. "Consumer wait-and-see makes the enterprise not confident investment, the current development of the first task is to digest inventory."　　Jiang Wei, Deputy secretary general of the national Real estate broker, said in an interview with the Huaxia Times. Price rises are likely to fall in June. According to the principle of ' quantity in price first ', house prices will return to the Descent channel.　　Zhongyuan Real Estate managing director Li Wenjie said in an interview with reporters. Beijing Real Estate Transactions Management network statistics show that May 1 31st, Beijing housing faster online contract 13662 sets, the elimination of affordable housing, such as housing prices, contract volume of 11505 sets, the average daily contract volume of 371 sets, compared to the April daily average of 443 sets of levels (after the elimination of affordable housing) Dropped by 16.3%. At the same time, the May residential building online contracted 3464 sets, 451514 square meters, compared to April also fell 5.25%, 6.71% respectively.　　The real estate turnover has fallen for the first time after 4 months of continuous gains. The reasons for the decline in trading volume may be seen in the price increase in real estate. According to statistics from the Jahau agency, 19 projects opened in April, with an average rise of 9%. By May, there are more real estate prices, such as ocean million and the city project April opening price of 23000 yuan/square meters, and May new open real estate prices up to 25000 yuan/square meters.　　According to the latest statistics of Jahau institutions, the overall average price of the May new opening project is 13925 yuan/square meters, the chain April per square metre rose 1688 yuan, up 13.8%. Even greater pressure comes from a huge number of vacant rooms.　　By the end of April, the vacant area of Beijing's domestic buildings reached 13.95 million square meters, an increase of 36%, of which 4.876 million square meters of residential area, the year-on-year growth of 28%.　　Earlier this month, Yu Shuchen, a spokesman for the Beijing Bureau of Statistics, said that according to the 2008 home sales volume, these vacant homes at least 2.5 to digest.　　The impact of investment in the property market upset the central macro-policy deployment. May 27, the State Council announced the capital ratio of fixed assets investment projectsAdjustment results in which the minimum capital ratio for general commodity housing projects was lowered from 35% to 20%. Many industry insiders, including Jiang Wei, interviewed by reporters said: "This is a very obvious stimulus to the property market policy." Monetary easing, intended to use credit leverage to stimulate investment in the real estate industry, but also reduce the financial pressure of developers. "As a result of the global financial crisis of exports and sluggish consumption, in the role of economic recovery, property investment is entrusted with the task."　　With the real estate industry related to steel, building materials and other industries continue to fall, through real estate development stimulate the economy to pull demand has become logical. The National Bureau of Statistics released data shows that in the first quarter, real estate development enterprises funding for this year, real estate development loans 254.5 billion yuan. According to the above data, "in the first quarter of credit conditions and the assumption that the total amount of corporate ownership is unchanged, 20% of its own capital requirements under the ratio of loans to the development loan is 411,115,380,000 yuan, than 35% The ratio of own capital required to be able to borrow 254.5 billion yuan development loans more than 156,615,380,000 yuan.　　Shanghai Real estate industry analyst Chen sincere calculation found. The problem is that when developers are struggling to digest inventories, the incentive to invest is relatively weak. "I think it's best to keep the stability of the property market, and the slump and boom are bad for the industry." "A real estate development enterprise general manager Ma Yue said.