Transactions in the week of the Spring Festival quadrupled year on year, but the new housing market

Mondo Finance Updated on 2024-02-21

The week of the Spring Festival in 2024 (210-2.16), 16 sets of commercial residences were traded in the city, which not only quadrupled compared with the week of the Spring Festival in 23, but also refreshed a new high in the past five years.

Although the transactions in the week of the Spring Festival quadrupled year-on-year, from the perspective of a longer period of time, combined with the transactions in the week before the Spring Festival and the week of the Spring Festival, the new housing market in Hangzhou will be slightly flat at the beginning of 2024.

According to CRIC data monitoring, compared with the 5-year commercial housing ** and transaction data in Hangzhou in the 5 years from 2020 to 2024, the overall supply and marketing of the Spring Festival bi-week is weak, which is less than 40% of the 23-year Spring Festival bi-week, especially the week before the Spring Festival (23-2.9), whether it is ** or transaction, the number is a new low in the past five years, 23 sets and 412 sets respectively.

From the perspective of real estate performance, decentralization is generally at a low level, with 106 transaction projects, 99 projects with single-digit transaction volume, and the remaining 7 projects, Chenlu Xiange has the highest transaction volume, reaching 60 sets.

In terms of forensics, the Spring Festival biweekly (23-2.16) A total of 4 projects received pre-sale certificates, with a total of 197 new units, a decrease of 58 compared with the week of the Spring Festival in 233%。Specifically, the market is dominated by rigid demand and just reform, mostly distributed in the suburbs, including Jianhang Lvcui Fangyingxuan (Linping Economic Development Zone), Huayuan Qiancheng and Yuefu (bottle kiln) and Huayuan Qixin Mansion (Renhe), as well as the first time to enter the market to improve the real estate Blue City · Xiaoshan Taoli Chunfeng (Evolution Town).

From the Spring Festival bi-weekly (23-2.16) In terms of the ranking of the number of units traded in each district, the top three are Xiaoshan District (122 units sold), Fuyang District (76 sets), and Linping District (64 sets);

From the perspective of the average transaction price of each district, Shangcheng District ranked first with an average transaction price of 45,996 square meters, followed by Binjiang District with an average transaction price of 39,282 square meters, and Qiantang District with an average transaction price of 34,111 square meters.

In last week's commercial residential transaction list, the top three transactions were Zhongtian Xifang Haiwei Chenlu Xian Geli in Xiaoshan District (record name: Chenlu Xian Geli, 60 sets were sold, with an average price of 32,248 square meters), Sunshine City Tanrui Mansion in Fuyang District (record name: Shanshui Huafu, 43 sets were sold, with an average price of 21,907 square meters), and Fuyu Mansion in Lin'an District (with the same record name, 27 sets were sold, with an average price of 10,342 square meters).

In last week's apartment transaction ranking, the top three transactions were Vanke Four Seasons Metropolis in Linping District (record name: Puyun Mansion, average price of 17,863 square meters), Hangzhou Shijing Yunfeng in West Lake District (record name: Shifeng Ginza, average price of 15,018 square meters), and Zhongnan Jiangyi Yunjing Commercial Center in Binjiang District (record name: Jiangyi Yunjing Commercial Center, average price of 39,939 yuan square meters).

From the perspective of the transaction and performance of each area segment, 90-140 square meters are still the main force of transactions, accounting for 59%; The average transaction price of 180-200 square meters is higher, at 33,187 square meters.

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Article**: Kerry

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