Real estate market volume drop, developers to take the momentum is not reduced

Source: Internet
Author: User
Keywords property market turnover topography
Xinhua Tianjin, May 21 (reporter Xu Yue, Wang Yebio) "State 10" regulation and control policy issued one months, the domestic housing market was affected, turnover dropped significantly, the market is deadlocked, buyers cash, developers delayed opening.  However, the same period of residential land market is still thriving, developers take the enthusiasm still, housing and land market presents a very different situation. According to the Central Plains Group Research Center to the domestic main 12 urban residential land transfer situation monitoring shows that the control policy before and after the residential land transfer quantity, the transfer stream rate and the transfer premium rate and other aspects have not changed significantly.  In the last four weeks, residential Land week average transfer area of about 153 hectares, stream rate of 24%, a premium rate of 37%, compared to 2010 1-March Residential transactions (weekly average transfer area of 214 hectares, stream rate 13%, premium rate 56%), although the decline trend, but the extent is not obvious. Tao Qi, Director of Zhongyuan Group Research Center, said although the overall situation of the land market has not been significantly adjusted, but the recent market has shown subtle changes, these characteristics are reflected in: Hot plots are still favored by large strength developers, of which the capital of the state-owned enterprises, central and listed companies to lavish, such as poly, decimating, green, Lujiazui,  North Building, Jinrongjie and so on are listed, and small and medium-sized developers for small plots of the bid more cautious, the upset price and slightly more than the price of the majority of transactions. Although, from the current Shanghai, Guangzhou and other land announced in advance notice plots, the future land supply will increase significantly. In addition, because Beijing, Shanghai and other changes in the original price of the land transfer rules, coupled with a large number of land supply also allows small and medium-sized developers to take the opportunity to increase.  It is expected that the overall level of land prices will decline in the future, which will help to achieve the goal of price control. Tao Qi that at present under the policy of strong regulation, developers whether through the bank credit or capital market to finance, the difficulty is greater. In addition to the current sales blocked, the speed of withdrawal of funds slowed down, and the land transfer management more stringent norms, leasing payment time tightening, is expected to be a short-term part of the developer capital pressure will increase significantly. But with housing sales booming in 2009, most developers are holding enough money to cope with the current situation. At the same time, the policy emphasis on increasing effective supply also makes developers have higher expectations of the medium and long term market and instead increase land reserves.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.