Housing Prices In Two Or Three Cities Are &Nbsp High; The State Council Urgently Ordered To Upgrade.

"The current regulation of the real estate market is at a critical stage. We must stick to the direction of regulation and control and not relax the regulation and control."

On July 12th, Premier Wen Jiabao chaired a State Council executive meeting to deploy the above plan for real estate regulation.

This is also from the "Eight Control Regulations on House Prices" 6 months after the introduction of the State Council once again layout of the property market regulation.

The conference put forward 5 policy measures covering various aspects, such as restriction, credit, taxation, guarantee housing, rental market and so on.

In an interview with the daily economic news reporter, Chen Guoqiang, vice president of the Real Estate Society of China, said that demand is still "subtraction" and supply continues to "add".

According to the data released by the National Bureau of statistics, the area of commercial housing sales in the first half of this year still increased by 12.9% over the same period last year.

Part of the two or three tier cities is the emergence of a "burst" trend.

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At the beginning of the year, the "restriction order" was also proved to be the most lethal force among all the regulatory measures launched by Eight Control Regulations on House Prices.

According to official data, in the first half of this year, sales volume of commercial housing in two restricted hot cities in Beijing and Shanghai dropped by more than 10% in the first half of this year.

For the first half of the year, the national commercial housing is mentioned in the statistics.

The 12 day executive meeting stressed that the implementation of housing restriction measures in the city, we must continue to strictly enforce the relevant policies; housing prices rose too fast two or three line cities must take the necessary restriction measures.

Insiders pointed out that the strengthening of the "restriction order" is not the latest formulation, but it must be the most deterrent measure.

At present, more than 40 cities have been restricted, but some hot cities, including Chongqing, have not issued the "restriction order".

More than half of the 70 major cities monitored by the National Bureau of statistics have not yet issued the "restriction order".

Beijing Zhongyuan Real Estate three level Market Research Director Zhang Dawei believes that the future purchase is likely to nationalization, and it is expected that the number of cities will be more than 100.

Addition: ensuring housing construction progress is more than half

In terms of market supply, affordable housing will continue to be the main driving force.

The meeting revealed that as of the end of June, more than 5 million new affordable housing projects were built nationwide, exceeding 50% of the annual target tasks.

The number of affordable housing in construction is expected to be more than 4 million during the year.

The main factor affecting the progress of affordable housing is capital.

According to the Ministry of housing estimates, the size of funds needed to build 10 million affordable housing this year is close to 1 trillion and 400 billion yuan.

And we need to calculate the construction of affordable housing.

This unprecedented investment has been called "the great leap forward" by Ren Zhiqiang, President of Huayuan Real Estate [4.90 -1.41% stock.

Many people in the industry are also worried that once the progress of affordable housing can not be guaranteed, the market gap caused by the cooling of commercial housing will be difficult to make up, and the market may again be in short supply.

In response, the meeting stressed that the relevant policies and measures should be improved, and government input and loan support should be increased to ensure that all 10 million affordable housing projects started construction before the end of November this year.

At the same time, we also emphasized the importance of ensuring affordable housing land.

In order to raise funds for affordable housing, the Ministry of Finance and the Ministry of housing and housing have recently asked all localities to raise funds for public rental housing, and the NDRC has also released the use of bond financing to support the "gate" of affordable housing construction.

Yang Hongxu, Minister of comprehensive research of Shanghai Yi Ju Real Estate Research Institute, predicts that the central bank and the Banking Regulatory Commission may also issue loans notice.

Expert: "high pressure" or for some time.

In many industry circles, compared with the previous "Eight Control Regulations on House Prices", the Central Committee did not propose updated regulation and control measures, but the significance of this signal lies in emphasizing that the "high pressure period" of the property market policy will continue for some time.

In response, experts interviewed by reporters thought that the pressure of house price adjustment in the three quarter increased.

According to the statistics of the National Bureau of statistics, as of May this year, 50 newly built commercial housing prices in 70 large and medium-sized cities were rising, 6 less than in April, and the number of cities with flat prices and falling prices continued to increase.

Another set of data shows that as of the first half of this year, the national real estate development enterprises this year, the source of funds is 40991 billion yuan, an increase of 21.6% over the same period, but the growth rate dropped by 24 percentage points over the same period last year.

While the CBRC has repeatedly reiterated the risk of real estate loans, personal housing loans have been negative growth for 4 consecutive months.

Yang Hongxu said that in the context of curbing inflation, the financing environment in the three quarter is still tight, which will force developers to make price adjustments. It is expected that the promotion and price reduction strategy will be adopted by more and more real estate projects.

On the other hand, the huge stock is also pressing on the house price.

Statistics from GF Securities [36.41 0.08% shares show that as of the beginning of July, the total inventory of the 11 key cities in the country reached 634 thousand sets, rising by 0.9%, and total inventories continued to record high.