The Shanghai property market has made a big move. Shanghai said it would relax restrictions on buying houses for non-registered singles in Shanghai from January 31. In the past month, Shanghai has adjusted and optimized its property market policies many times.
First- and second-tier hot city policy gift packages continue to be broadcast, and Guangzhou is at the forefront in this round. On January 27, Guangzhou officially announced a number of new policies for the property market, such as unlimited purchase of units over 120 square meters, and refined adjustments to policies in first-tier hot cities have come and gone.
Following Guangzhou's adjustment of purchase restrictions, more cities are following suit. On January 30, Suzhou announced the complete cancellation of the purchase restrictions in the six districts of the city, and there is no longer a limit on the number of units to buy a house.
Whether it is the relaxation of household registration and single house purchase in Shanghai, or the near-comprehensive relaxation of property markets in Guangzhou, Suzhou and other places, it is not difficult to see that all localities are doing their best to meet the diversified and diversified housing needs.
Based on reasonable housing needs and new situations, fully consider the ability and needs of various groups of people to buy homes, and actively optimize housing purchase policies to support those who have the ability and demand to solve housing problems through market-oriented methods.
These measures to loosen the property market echo the statement issued by the Ministry of Housing and Urban-Rural Development a few days ago, which fully gives the autonomy of urban real estate regulation and control, and adjusts real estate policies according to local conditions.
It is an indisputable fact that the property market is not what it used to be.
At present, the national property market is still falling in volume and price. According to the latest data from the National Bureau of Statistics, in December last year, new and second-hand houses in first-, second- and third-tier cities were fully opened, and the decline expanded. Among them, the price of second-hand housing in all cities is the first, and the number has hit a new high in the past decade.
The real estate market has transitioned from an overheated stage in short supply to a stage where the demand side is not powered and the market as a whole is cold. In the face of the new situation and new circumstances, it is inevitable and necessary to make policy adjustments.
Dating back to August last year, Guangzhou fired the first shot of "recognising housing but not recognising loans" in first-tier cities, followed by Shenzhen, Shanghai and Beijing.
With this as the boundary, the tone of real estate policy adjustment has continued to "deleverage" from the early stage, allowing all localities to gradually move towards "stimulus" by implementing policies according to the city, opening up "instrumental" loosening restrictions on purchases, and trying to reheat the market.
The property market has gone through an overheated period, and the "strictest" purchase restrictions applied at that time were adjusted one by one, in fact, creating a favorable policy environment for the real estate market to be active this year, and various localities have promoted the release of housing demand according to local conditions, so that real estate can return to the track of healthy development.
The ** economic work conference held at the end of last year also set the tone for real estate. The meeting emphasized that it is necessary to actively and prudently resolve real estate risks, meet the reasonable financing needs of real estate enterprises with different ownership systems without discrimination, and promote the steady and healthy development of the real estate market.
Now it seems that behind the shift from "tight" to "loose", the release of effectiveness has yet to be digested by the market. Comparing historical data, there is still room for further easing of supportive policies after the pivot.
In the future, hotspot cities will speed up the pace of relaxation after the decentralization of regulatory policies, adhere to the "small steps and fast running", the rhythm is not chaotic, and the adjustment of first-tier cities may be more cautious, from the outer ring to the city center of the continuous exploration.
Beijing Business Daily commentator Tao Feng.