Shanghai property market in September more than half of the performance flat "silver ten" or anti-super "golden nine"

China Coatings Network:
September 18,
, the National Bureau of Statistics released August 70 large and medium-sized cities residential sales price statistics. Data show that whether it is new commercial housing or second-hand housing, the national real estate market recovery continues. Prices for new and second-hand homes in Shanghai are still rising month-on-month, but the gains have narrowed. Overall, the Shencheng property market in August off-season is not light, lining the early September performance flat. However, real estate experts expect that the end of September and October will welcome developers to focus on pushing the market, this year's "Silver Ten" may counter the "Golden Nine". New housing prices rose
Data released by the National Bureau of Statistics show that new commercial housing prices continued to rise in August, with the big four first-tier cities (northwards to Guangshu) seeing a year-on-year increase for the first time in 12 months, and year-on-year increases continue to expand. Shanghai's new home prices rose 1.6 per cent month-on-month, although the increase shrank by 0.3 per cent, while year-on-year prices rose 6.5 per cent, up from 3.6 per cent the previous month. Second-hand housing, 70 large and medium-sized cities in the housing prices began to stabilize or rebound accounted for 80%. Second-hand housing in Shanghai rose 1.1 per cent month-on-month in August, down 0.5 per cent from July, and 6.9 per cent year-on-year, 1.9 per cent higher than in July. It is worth mentioning that from late August, Shanghai second-hand residential listing volume every other year to return to the level of 100,000 units, as of September 18, the city's second-hand residential listing volume has reached 107,000 units, an increase of 5000 sets from the beginning of September, mainly in some peripheral areas of the listing volume increased significantly, such as Songjiang, Jiading, Yihang, and so on, and this part of the listed owners are mainly replacement owners. From the Shanghai chain stores to understand the situation, the current market is also to replace-type buyers mainly, especially in order to change more. However, the market has warmed up for nearly a year, after a long period of consumption, cost-effective housing has been basically extinct, coupled with good news constantly, landlord price jump phenomenon is more common, sincere buyers can only helplessly accept. At the end of September, the supply of new commercial housing in Shanghai was 760,000 square meters
, almost the same as the full-month supply in August, and the volume of transactions was 611,000 square meters, up 24.3% from the first half of August. Although the supply rose in early September, and the increase is more obvious, but compared with the previous months of high-speed de-chemical, originally belongs to the traditional peak season in the first half of September transactions slightly weak, turnover is not as good as the second half of August. The reason is that this is closely related to the developer's recent push strategy. Although the recent increase in pre-sale volume, but the actual opening of the project is not much, many projects will be pushed to the end of September or October, especially some high-end projects, such as Kowloon Cangjiang 18, Ruihong New Town Yiting and so on. In addition, the phenomenon of developer price increases is also more common. From the transaction structure, the first half of September just need project transactions accounted for a large proportion of the port price limit housing turnover has reached more than 10% of the city's turnover. Under the influence of the return of just-needed transactions and the centralized signing of price-limiting houses in Hong Kong, the average transaction price of new houses in The Shanghai property market has declined somewhat. Lu Qilin, director of Shanghai Chain Home Market Research Department, said that due to the developer's push strategy, the volume price is expected to rise again in the second half of September and October, and this year is likely to appear "Silver Ten" anti-super "Golden Nine".