Shanghai Commodity Residential Transaction Average Price Hit 29 Zhou Xingao

December 6th, China Real estate information The mail sent to reporters by the group shows that last week (November 29th -12 5) Shanghai City Commercial housing The average price of the transaction was 23933 yuan / square meter, hitting a new high of nearly 29 weeks.

According to China real estate information group CRIC Data show that last week a total of 14 properties launched 364 thousand and 300 square meters of new housing, a 45.2% increase over the previous week, and the supply is expected to remain high throughout December. The turnover is 228 thousand and 800 square meters, down by 28.5%. The average price of the transaction increased by 3.57% compared with the previous week, reaching 23933 yuan / square meter, the highest value in nearly 29 weeks. This is mainly due to the centralized transaction of some high-end housing sources. Shang Hai last week concentrated 59 sets of transactions, the average price of 49163 yuan / square meter, Hui Chi Lake garden housing sold one after another signed, last week signed 75 sets, the average price of 33870 yuan / square meter.

As early as the beginning of the month, most of the recent transactions in November at the end of the contract, is the main reason for the decline in turnover last week. Xue Jianxiong, analyst at Fang Fang believes that in order to seize the last chance of sprint this year's performance, the next two weeks will usher in a wave of supply.

Judging from the current situation, 80 real estate projects are going to be listed in December or new housing sources will be promoted. The huge volume of push plates may push up the volume of turnover in December. Once the sales volume of developers is increased, it will inevitably lead to price increases, which will bring enormous pressure to government regulation.

After two months of adjustment, the control effect of the restriction policy has been basically digested by the market, and the high inflation pressure strongly supports the end of this round. It is reported that the market generally expects the CPI in November to reach a new high, with a forecast value of 4.7%-4.9%, which is higher than the 4.4% peak in October and a new high in the year. Despite temporary price intervention by the government, due to the limited scope of intervention and the lagging effect of intervention, inflation pressure is still very high in the short term to the first half of next year. Therefore, driven by huge supply and sustained high inflation pressure, the volume of turnover at the end of the year will once again experience a small peak.