**: China Youth Daily.
Lower down payment ratios, lower loan interest rates, longer loan terms...On December 14, the property market in Beijing and Shanghai ushered in a burst of policy "warm wind" on the same day, so far, the lower limit of the down payment ratio of the first home in the four first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen has been completed, all of which have been reduced to 30% and below, of which the lower limit of the down payment ratio of the first home in Guangzhou and Shenzhen is 20%. With the threshold for buying a house in first-tier cities lowering again, young people are one step closer to owning their own house.
The "warm wind" of the Beijing-Shanghai property market policy first "blew" into the real estate brokerage company and the sales office, and from the afternoon of December 14, the staff entered a state of "preparation". So, can this policy "warm wind" really "blow" into the hearts of home buyers? How long can it "blow"? This is the main concern of home buyers and the property market. The property market in first-tier cities such as Beijing and Shanghai is regarded as the vane of the property market and plays a certain leading role in the development of the property market in the country.
Real Estate Agent: Have a "fat" year.
Even if it snows heavily, it can't stop the "warm wind" of the policy.
Down payments and mortgage rates have fallen. On December 14, the "Notice on Adjusting and Optimizing the City's Ordinary Housing Standards and Personal Housing Loan Policies" issued by Beijing proposed that the down payment ratio for the first house in Beijing should be uniformly reduced to 30%, and the minimum down payment ratio for the second house should be 40%. In terms of mortgage interest rates, according to the loan market ** interest rate (LPR) announced in November, the lower limit of the interest rate for the first and second homes in the six districts of the city is 4 respectively3% and 48%；The lower limit of interest rates for the first and second homes in the six non-urban districts is 4 respectively2% and 475%。
On the day the "boots" of Beijing's new deal landed, the real estate agents of Lianjia's new house in southeast Beijing were "fried". One of the responsible persons said in the group: "Be prepared not to sleep today and tomorrow, brothers come on, and have a 'fat' year." ”
Ms. Yang, a real estate agent who has been in the business for more than 10 years, is no exception, and as soon as she received the new deal, she began to sort out the information, make ** invitations to customers, and take customers to see the house...And so it "fought" until late at night.
Ms. Yang introduced that the people who had made an appointment to see the house on the weekend did not wait, and went to see the house overnight, and some people signed the order overnight. It was 1 a.m. after her colleague signed the order. "(Home buyers) are afraid of price increases, and once the price of the house rises, it is equivalent to a year of waste. She said.
The real estate agent persuaded buyers that this is the best time to start, because some owners are in a hurry to change houses, and there is more room for negotiation. She also mentioned that in fact, some "old, broken, and small" **Although **low, they are facing the dilemma of difficulty in follow-up, after all, the probability of young people changing houses is very high. In terms of new homes, some developers need to withdraw funds at the end of the year, and the discount will be larger than before. On the other hand, real estate agents are also persuading owners to lower prices, "There are customers who have taken a fancy to your house!" "Some real estate agents are constantly giving the owners a ** and asking the owners to lower the price so that they can make a quick move.
Of course, there are some owners who want to take advantage of the "warm wind" of the policy to sell their houses. Ms. Yang introduced that on the afternoon of December 14, shortly after the new policy came out, some owners called ** to ask for an increase in housing prices, "This situation is especially common in the past two days."
On December 14, Shanghai issued the "Notice on Adjusting the City's Ordinary Housing Standards", which proposed that the lower limit of the down payment ratio for the first house should not be less than 30%, the minimum down payment for the second house should be 40%, the loan interest rate should not be lower than the LPR of the corresponding term minus 10 basis points, and the ordinary housing standard should be adjusted.
On the other hand, in Shanghai, after the new policy was implemented, intermediaries and developers also started a carnival, shouting the slogan "Don't close tonight".
The threshold for buying a house has been lowered again.
Whether it is Beijing or Shanghai's new property market policy, it has clearly released a signal: lower the threshold for buying a house. This is after the implementation of the policy of "recognising houses but not loans" in 4 first-tier cities, the threshold for buying a house has been lowered again, the down payment has been reduced, and the monthly payment has been reduced, so that more people can afford to buy a house and more people can afford to change a house.
With a lower down payment, homebuyers have more options. As of December 16, after the implementation of the new policy, 12 sets of Zhongjian Xingguangli project located in the third ring road southeast of Beijing have been sold, of which many buyers have paid a deposit of 100,000 yuan in advance. According to a real estate agent, 4 of the 12 units are because the down payment of previous buyers was only enough for a small apartment, and after the implementation of the new policy, they can buy a unit that meets their needs.
Yan Yuejin, research director of the E-House Research Institute, said that this also fully shows that Beijing continues to introduce strong policies from the perspective of supporting reasonable housing consumption to consolidate and promote the stable and positive development trend of the real estate market.
It is worth noting that in terms of the reduction of ordinary residential standards, in addition to adjusting the construction area standard to 144 square meters, Beijing has also raised the total price line of each ring road, which also makes more ** can be identified as ordinary residences.
Yan Yuejin pointed out that in recent years, housing prices need to be adjusted according to the changes in the "luxury line". Under such policies, the number of ordinary houses in Beijing has reached about 70%, which shows that the policy covers a wide range, better protects the rights and interests of home buyers, and promotes the further reduction of the cost of home purchases, especially the VAT and individual income tax payments linked to ordinary residences will be adjusted accordingly. In addition, it also has a positive effect on the reduction of transaction costs and the active market of second-hand housing.
The new policy has also accelerated the transaction of houses in Shanghai's property market to a certain extent. According to Shanghai ** News, Shanghai Real Estate Exchange Center** shows that on December 15, the number of second-hand houses in Shanghai was 662. According to the monitoring data of Shanghai Lianjia Research Institute, a total of 1410,000 units, with an average daily transaction of about 470 units. On the same day, 736 new commercial houses in Shanghai were sold, an increase of 26 from December 142%, which is higher than the average of 36 in the past week3%。
According to Chen Wenjing, director of market research at the China Index Research Institute, on December 14, Beijing and Shanghai successively optimized the identification standards for ordinary houses, reduced the down payment ratio, and lowered the lower limit of mortgage interest rates. The Beijing-Shanghai policy optimization efforts are larger, involving a wide range of areas, from the reduction of the cost of housing and the threshold of housing purchase to make a comprehensive effort, in addition to the purchase restriction policy, the policy is basically in place in one step. Under the new situation of adapting to the major changes in the supply and demand relationship of the real estate market, Beijing and Shanghai have introduced favorable policies, which are also in line with market expectations, which are conducive to promoting the release of rigid demand and improved housing demand, especially conducive to the demand for two sets of improved housing, and will bring positive guidance to the Beijing and Shanghai real estate market and even the national market sentiment.
Can the New Deal really warm up the property market?
After the implementation of the new policy, there was a "hot weekend" in the Beijing-Shanghai property market, how long can the property market last?
Previously, after the implementation of the policy of "recognising houses but not loans", it briefly led to an increase in housing transactions in first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen, but the popularity did not last long. In November, there were 99 cities in 100 cities with housing prices**; In October, house prices were in 64 out of 70 large and medium-sized cities**.
* The Economic Work Conference clearly pointed out that we will continue to effectively prevent and resolve risks in key areas. It is necessary to coordinate and resolve risks such as real estate, local debts, and small and medium-sized financial institutions, severely crack down on illegal financial activities, and resolutely adhere to the bottom line of preventing systemic risks.
Chief among them is the resolution of real estate risks. Li Yujia, chief researcher of the Housing Policy Research Center of the Guangdong Provincial Urban Planning Institute, believes that the weakening of real estate and expectations will directly lead to a significant decline in the sales volume of commercial housing. Although the recent second-hand housing transactions have promoted the growth of transactions, the transaction volume of new houses is obviously in the first place, which is very unfavorable to alleviate the real estate capital chain.
Li Yujia said that first-tier cities are more sensitive to regulatory policies, and Beijing and Shanghai are even more sensitive. Traditionally speaking, Guangzhou and Shenzhen are relatively tolerant in regulation and control, and generally precede Beijing and Shanghai in issuing policies. The introduction of policies for the property market in Beijing and Shanghai has a very important signal significance.
Lowering the threshold for buying a house can allow more people with purchasing power to enter the market, improve the decentralization of second-hand houses and new houses, alleviate the expectations of owners and developers to sell houses at lower prices, and stop the trend of asset management, thereby slowing down the trend of increasing the listing of second-hand houses. At the same time, it will promote the cycle of real estate transactions, including the cycle of rigid demand and improvement, the cycle of new houses and second-hand houses, alleviate the tension of developers' capital chains, and achieve the dual purposes of risk prevention and stable growth. Li Yujia said.
Beijing, December 18.
China Youth Daily Xi reporter Zhao Limei Reporter Gao Lei ** China Youth Daily.