Real estate purchasing power was awakened in 2015 the housing market is still missing something

China Paint Network
: Since March, the purchasing power of the real estate market has been awakened to a certain extent, some developers have strengthened the confidence of evidence into the market. From different urban areas, the performance of first- and second-tier cities is significantly stronger than that of third- and fourth-tier cities. After the two sessions of the National People's Congress, the loose policy for the real estate market may be introduced one after another, the overall market trend is expected to continue to improve, the subsequent improvement of demand will increase.
to the real estate market, the 2015 government work report proposed to "stabilize housing consumption", "implement the main responsibility of local governments, support residents to own and improve housing demand, promote the stable and healthy development of the real estate market."
top-level design was introduced, the market immediately had positive feedback. According to the latest data from a research institute, from March 9 to March 15, "the area of real estate transactions in first-tier cities increased by 35.9% month-on-month;
of local ministries and local governments to implement the main responsibility is not slow. The central bank cut interest rates on March 1st, the size of social financing and the increase in yuan loans in February exceeded expectations, and Jinan and other cities further adjusted their provident fund policies.
In this context, although the National Bureau of Statistics announced on March 18th that residential sales prices in 70 large and medium-sized cities remained depressed in February (70 large and medium-sized cities fell by as much as 6.0% year-on-year overall), the market is not pessimistic, "after all, this is the data before the two national conferences".
just one month, the confidence of the property market from cloudy to clear, the effectiveness of the policy is obvious, but the market can fully digest the effectiveness of the policy? Has the property market bottomed out?
interview with reporters in the eyes of several market participants and experts, the property market does have signs of recovery, but the third and fourth-tier cities remain to be seen. In addition, the real estate registration policy just implemented and the real estate tax being studied, what can bring to the market is uncertain.