Zhongyuan Real Estate: May Shanghai second-hand housing 2.5% lower than April

Newspaper reporter Zhu Nan from the monitoring data from the intermediary, said May Shanghai second-hand housing turnover fell by 75% in April, second-hand housing prices than April down 2.5%. Central Plains Property yesterday announced that May domestic five cities (Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin) Second-hand housing turnover fell to the lowest since 2007, compared to the April decline of 30% to 80%. Shenzhen and Shanghai have the largest decline, respectively, 78% and 75%, Guangzhou, the smallest decline in 32%.　　According to analysis, Guangzhou property market for a long time mostly local demand, the previous market fluctuations in the Guangzhou property market fluctuation is relatively small. Central Plains Leading Index system data show that, in May, among the five largest cities in China, in addition to Tianjin, second-hand housing prices in the remaining four cities fell. Shenzhen and Shanghai fell by 2.9% and 2.5% respectively in April, compared with 1.6% and 1.5% in Beijing and Guangzhou respectively.　　Tianjin is an exception, the May Tianjin second-hand housing prices still slightly higher. Zhongyuan Group Research Center Manager Guanving that the situation is different from the 2008-year housing adjustment, when the primary residential prices led to the decline of second-hand housing, and this time the main second-hand housing led to lower prices.　　After 2009 years of madness in the country's property market, most property developers are not willing to let their new homes cut prices easily. Guanving also predicts that the decline in second-hand residential prices will continue to widen over the next 2-3 months.　　But market turnover is expected to pick up slowly after bottoming out. It is noteworthy that, although Shanghai second-hand housing market as a whole, but the price of the total fall, but individual property because of scarcity, but there has been a trend against the price of the situation. Tak Woo Real Estate market research manager Shu said, Jingan Cao Family du plate of the Hanlin family, Putuo Wanli plate of the central home, in this round of regulation rarely cast, the recent increase in the price of house prices are higher than last month. Tak Woo Real Estate High-end housing index system data show that the Hanlin family price is 40000 yuan/square meters last month, this month is 41000 yuan/square meters, central home last month, the price is 24000 yuan/square meters, adjusted to 25000 yuan/square meters this month.