The price of second-hand housing in five major cities fell 6% industry expected property prices continue to decline

Xinhua Tianjin, May 18 (reporter Xu Yue, Wang Yebio) in the country to curb the rapid rise in housing prices of the new policy issued one months, the domestic second-hand market trend reversal trend, whether the market turnover or prices have different degrees of decline. According to the Central Plains real estate market monitoring data for second-hand housing markets in the main cities, from the recent two weeks, the property market turnover has fallen to the lowest level since 2007.　　Turnover of second-hand housing in Beijing, Shanghai, Guangzhou, Shenzhen and Tianjin fell by as much as 44% per 92% in early April respectively. In terms of prices, house prices have fallen less sharply, with prices falling at 6% in the five major cities. such as Beijing fell 6.2%, Shanghai fell 5.7%, Shenzhen fell 6.7%, Guangzhou fell 5.3%, and Tianjin fell 6.4%.　　Among them, the biggest drop in Shenzhen and Tianjin are the two major cities. Zhongyuan Real Estate Research center Manager Guanving that the stringent regulatory policy has been a huge impact on the volume of the property market around, short-term housing turnover is difficult to restore the rise.　　But for many reasons, the whole property price adjustment is not big enough, that the current market differences between buyers and sellers are still, it is estimated that the price will remain deadlocked for some time. Guanving says house prices are expected to slow down in the next Single-day time, but turnover is likely to take a slow recovery.