Shanghai Apartment, Apartment in Shanghai

Shanghai Apartment Property market

The Shanghai Apartment property market starts to trend up since March 2009. From the demand perspective, this wave of the shanghai apartment property market is in terms of policy concessions Quotes, corporate promotional offers and pre-outbreak of pent-up demand combined effect of the beginning, but in the year were more of a demand for investment-oriented follow-up the market. From the transaction structure, we can see that Shanghai in 2009 month by month decline in the proportion of ordinary housing transactions priced at 10,000 yuan / square meter turnover ratio of less than 66% from January's drop of 16 percentage points in June to 50% of the area of a single set of low - at 90 square meters of residential transactions increased from 35% to 31%; while the high-end residential transactions has continued to rise, priced at more than 17,500 yuan / square meters of residential transactions increased from 8% in February to June of 23%. A single set of area of more than 140 square meters of residential proportion rose from 20% to 31%, China Real Estate Index System, respectively in March and May to conduct home exhibitions at the findings also show that the proportion used for investment will purchase from the 2.1% to 7.6%. This shows that the housing market in 2009 showed significant demand for self-occupation caused by the ordinary, to the high-end model needs further improvement, as well as the gradual intervention of investment demand characteristics.

In the first half of the property market trend is closely related to the same period the amount of credit. The first half of the injection of up to 7.37 trillion yuan more than the history of the total invested in any one year, while in the current round of economic adjustment by the impact of reduced external demand, the property market is still relatively small number of hedge funds hedge channels. This makes the one hand, part of the credit funds into the property market as demand for property on the other hand has also brought inflation expectations, thereby stimulating the potential demand. But the years of slow pace of bank lending, and because prices have been pushed to a higher initial level of holding cash at hand waiting to see again, in order to curb housing prices continue to rise, China Banking Regulatory Commission reiterated that the "two sets of lending" policy, strictly enforced, the market The resulting control policy is introduced the next further market expectations, improvement and investment demand are affected, coupled with the impact off-season and last year's pent-up demand in the first half of rigid self-occupied volume greatly expanded gradually consumed, the situation is difficult for the two-quarter selling Further, resulting in trading volume decreased continuously from July to August, August Shanghai 2.4043 million square meters of residential transactions (21098 sets), the chain further reduced 9.69%, bringing the beginning of 2009 the property market is now inconsistent with the trend over the same period in 2007.

This trend continued in September, September 20 days before the average daily turnover of 610 residential units / area of 66.7 thousand square meters or so, although the gold nine times, but the deal is still in August compared with the chain down. From the latter point of view, on the one hand, the supply is too small and ample liquidity will lead to price short-term stand-off, on the other hand, the credit slowdown, and a new round of high prices curbed demand for the market outlook, 4th quarter of Shanghai property market is expected to show prices deadlock, the transaction to reduce the trend, discounts and other incentives to reproduce the market, the possibility of the existence of affordable housing projects around the base of higher risk.

Policy, the Chinese Real Estate Industry and Market Research Association Professional Committee of recent research results indicate that the property market by the end of 2009 the policy tone by holding stability mainly from three areas of specific focus, the first is to stabilize the policy is expected to avoid the market that policy produce a clear and strict orientation fluctuations, as the end of 2008 a series of preferential measures in 2009 will be terminated, remains to be seen; second is to increase land supply and revitalize the stock of land, thereby increasing the supply of the property market, the recent Land Bureau actions frequently have shown a sign; third is to stabilize housing prices, house prices rose too much too fast the first half of the city need to be stabilized. Through the above three efforts, to reach No. 131 on the end of 2008 the State Council to implement the spirit of the document towards the low end have protection in the end there is supply, there is high-end products, real estate cascade system to promote the long-term stable development of the property market.
update time：2010-9-9