The turnover of luxury houses in Beijing increased 30% year-on-year in the first nine months, and high-quality real estate assets in core cities were favored.

Release time: 2021-11-09


Since the end of August, many cities have introduced intensive real estate control policies to continue to boost confidence in the property market. According to the latest real estate industry data released in September, the sales price of new commercial residential buildings in first tier cities was flat month on month, and the year-on-year increase expanded; the transaction area in second tier cities in 1. increased by 13.4 month on month, and continued to improve in the first half of October; the property market in 3. fourth tier cities continued to be under pressure.

Since the end of August, many cities have introduced intensive real estate control policies to continue to boost confidence in the property market. According to the latest real estate industry data released in September, the sales price of new commercial residential buildings in first tier cities was flat month on month, and the year-on-year increase expanded; the transaction area in second tier cities in 1. increased by 13.4 month on month, and continued to improve in the first half of October; the property market in 3. fourth tier cities continued to be under pressure.

"at present, the real estate industry is still in a period of adjustment, and the changes in the property market are mainly manifested in market differentiation, urban differentiation and product differentiation, all of which are further intensified." Yan Yuejin, research director of the Think Tank Center of E-House Research Institute, told the "Securities Daily" reporter that from the product side, the stage of rigid demand has shifted to the stage of improvement. From the perspective of location supply, there is a relative shortage of large cities and central urban areas, and a relative surplus of small and medium-sized cities. From the asset side, high-end improved real estate assets in large cities and central urban areas are more resilient, making them scarce, liquid and value-preserving assets in the current market.

Since the beginning of this year, the high-end real estate market in high-energy cities is also far better than the overall performance of the property market. According to public data, in the first three quarters of this year, 42000 sets of high-end products with a total price of more than 10 million yuan were sold in 64 key cities, an increase of 9.03 percent over the same period last year. Among them, the four major first-tier cities accounted for nearly 70% of the transactions of 10 million yuan high-end improvement products, of which 15 cities had 10 million yuan high-end improvement products sold more than the whole of 2022. In addition, 1157 sets of Dinghao with a unit price of 150000 yuan/square meter were sold, which was twice the turnover of last year.

Related News


The Story of Sino-foreign Cooperation on "the belt and road initiative" -- The Chinese Train of Mercedes-Benz on the Land of Siam

In Thailand, durian is picked from May to October each year. As a country with more than 200 durian varieties, Thailand has always attached great importance to durian transportation. After the opening of the China-Laos railway, the time for Thai durian to enter China has been greatly shortened. Compared with the past, it took 7 days for sea transportation and 5 days for road transportation, today's railway transportation only... It takes 3 days. The improvement of transportation efficiency has enhanced the competitiveness of Thai durian in the Chinese market. This year, the cold chain container train in Thailand has become the main mode of transportation for durian export. A series of durian special trains are speeding forward, and the most powerful traction power is the "Giant Panda" and "Ultraman" locomotives from CRRC.

10-30

2023

Traffic Construction News: small microcosmreflects the development of the highlight

Minsheng Securities believes that the abolition of land auction price limits will help enhance buyers' confidence in the stability

08-10

2018

Xi 'an Salesman's Rights Protection Explodes Inside Story of Real Estate Transaction: Senior Executives Withdraw Deduction, Citizens Pay Tillion Yuan More "Tea Fee"

Salespeople need to give "rebates" to real estate executives if they want to sell their houses, citizens have to pay tens of thousands of yuan in "tea fees" if they want to buy a house, and owners have to pay thousands of yuan in "handling fees" if they change the housing authority for filing. After the real estate boom a few years ago, some sequelae have now surfaced, and the real estate market norms and legal issues involved still need to be "digested".

10-31

2023

Search

All
  • All
  • Product Management
  • News
  • Introduction
  • Enterprise outlets
  • FAQ
  • Enterprise Video
  • Enterprise Atlas