Hangzhou'S Supply Of Land And New Houses Has Risen Sharply Or Accelerated The Turning Point Of The Property Market.

After resumption of production, the "strong second tier city" Hangzhou property market has gone out of its own independent market.

According to CRIC monitoring of 100 cities data, Hangzhou, Nanjing and other hot second-line cities in May, the volume of transactions in the past two years has reached a high point, post epidemic recovery power is strong.

In May, Hangzhou pushed a total of 123 times. Since the Hangzhou Yaohao was launched, the volume of pushing the market was higher in a single month. The total number of 16 thousand Suites entered the market in the past six years, the highest in the past six years, second only to 2016. At the same time, the second-hand housing has been broken through 10000 sets in two consecutive months. In May, 10493 sets of transactions were completed, and the monthly turnover reached a new high after May 2018 (10952 sets). The land market continued the April heat. In May, a total of 29 land transactions were completed, with a total turnover of 33 billion 840 million yuan. As of the end of May, Hangzhou's land revenue in 2020 has nearly 120 billion yuan, and in June, 51 plots will be launched on a large scale. At the same time, there will be about 100 pre-sale of new products in June.

Zhang Huifang, general manager of Hangzhou win win institution, pointed out that the second tier cities have implemented the policy of purchase and loan restriction, and most cities have limited prices. Hangzhou's property market is supported by the influx of population and the status of provincial capital cities, so that Hangzhou is still far ahead in many second tier cities.

The purchasing power of Hangzhou property market comes from economic development and strong population introduction ability. Hangzhou has the policy of talent priority Yaohao, and colleges and universities can also enter households. Last year, Hangzhou had 554 thousand new population, the first in the country. In addition, Hangzhou also has the "early G20 and Post Asian Games" era window, and the construction of the city is fast. The quality pursuit of the local housing enterprises also wins the reputation of the Hangzhou property market.

In May, the Hangzhou property market showed the "60 thousand people shaking" of Xixi mansion and "nearly 20 thousand people shaking" in the Mixc happiness. Not only property buyers anxiety, housing prices also worried that the market may cool down, coincidentally speeding up the pace of sales.

Different Hangzhou property market

Hangzhou property market was completely detonated in May of this year.

In May, the supply of newly built commercial housing in Hangzhou was 12551, with an increase of 60%. Hangzhou's new housing volume broke through 14 thousand sets in May, hitting a new high this month, and Hangzhou's second highest volume in the past five years, after May.

As of May 31st, the total number of second-hand housing transactions in Hangzhou was about 12 thousand units, an increase of 2.55%, an increase of 20.29% over the same period last year.

In addition to the booming trade, the market is also heating up. According to statistics, Hangzhou is expected to sell 51 land in June, including 24 residential plots, with an area of about 3 million 739 thousand square meters and a total price of about 45 billion 120 million yuan.

The total price of 45 billion 100 million yuan has exceeded Hangzhou's many months. The transaction price in a single month is only 58 billion 450 million yuan after September 2017, and the turnover amount was 57 billion 350 million yuan in July 2018.

Hangzhou property market is showing a trend of supply and demand. Whether it is Patras, Yishoufang, or second-hand housing market, the supply of Hangzhou is relatively abundant, and the amount of consumption is also adequate. At present, this trend, although the property market is also divided, not all properties are selling well, but generally speaking, for the nationwide layout of Housing enterprises, the Hangzhou market belongs to a relatively good city, and also attracts more foreign housing enterprises to enter.

In addition, in the 6 new markets in 100 months, the existing housing sales projects.

Why is there so many existing housing sales projects in Hangzhou during this period?

Mainly in May or even earlier, the remaining housing of "rocking" project is still on sale in June, and there are only 51 projects in May. Secondly, in the first half of 2017-2019 years, there are still 59 real estate projects in Hangzhou which are not listed, and can be built in 6 million 26 thousand square meters (excluding Fuyang and Ling'an). Since 2017, Hangzhou began to implement the new land deal. In 2017, there were 15 existing housing sales projects that were not yet opened.

In addition, in recent months, the price of Hangzhou earth auction and the ceiling of new price limit are rising, and the pre-sale conditions at the beginning of the year will be relaxed. This will lead to the overlapping of the new project sales cycle in the second half of last year and the first half of this year, and the supply of the market will increase in the second half of this year.

On the one side is the hot new housing market, while the second is the rapid increase of second-hand housing listing. The government's fine-tuning policy has shown signs of "three restrictions", a slowdown in the pre-sale license, and a raise in the number of Yaohao frozen funds. Hangzhou's land policy is also more interesting. Because of the "double restriction" policy, the land price is limited, the cost accounting is transparent. At the same time, the ceiling price ceiling is also constantly rising, and within a certain controllable range, so it gives the market certain expectations.

For example, Hangzhou Fuli center from the first set of capital verification 600 thousand, increased to 1 million 200 thousand frozen; Binjiang Yu Bin government's first set of frozen funds not less than 1 million 200 thousand; Hangzhou one hospital no room no loan frozen capital 500 thousand, two sets 1 million, all frozen 9 million.

Over the past few years, land leasing fees in Hangzhou have exceeded two hundred billion, and housing prices are also dominated by high turnover. On the one hand, Hangzhou has a relatively large supply of earth pads, and on the other hand, the speed of going to the Yishoufang is very fast. The Yishoufang needs to be Yaohao, so that the secondary housing will be diverted. However, the price of second-hand housing in Hangzhou has not risen substantially in the past two years, and some of them are not as good as two years ago. As a result, a second-hand house price difference is getting smaller and smaller. The price difference between new and peripheral projects is not significant.

However, Zhang Huifang pointed out that the effect of population introduction in Hangzhou is obvious. For example, Yuhang and Binjiang District are the most populated countries. In contrast, the two areas are the most effective. The price of Yuhang science and technology city rose the fastest, the average price rose from 10 thousand yuan / square meter in 2015 to 40 thousand yuan / square meter now.

Property market turning point or will appear?

Change is always silent.

Zhang Lin, who took part in the Yaohao more than 3 times (alias), took part in the Yaohao of a Hangzhou River in May. His intention is only to stack the east side sets of stacked platoon, and this time only 2 sets of market entry. Although it was rocking, Zhang Lin was not expecting anything. At the election site, when Zhang Lin chose the room, he accidentally discovered that the stack of stacked villa was only selected by the middle cover. The 2 sets of stacked east side sets he chose were optional. At that time, faced with so many people before himself, Zhang Lin hesitated and finally abandoned.

Zhang Lin later confessed to his friends that if the people in front of him were scramble for money, if he could buy it, even the middle set might be needed. Zhang Lin said he gave up at the last minute, that is, he was afraid to buy the market. He said, "although it is self occupied, after all, the total price is about 11 million, and no one wants to buy it at the highest point."

At this point, housing prices still Holdings Hangzhou land. In June 22nd, Hongkong Xingye took a cap and 8% of self-sustaining to win a home in Ling'an on the south side of the peach spring breeze. The Binjiang group took a homestead in the North Trunk street of Xiaoshan, and the industry predicted a profit margin of only 1.66%. In June 24th, the two letters of homestead, which were once reduced in Hangzhou, took three Tun north and canal new town two respectively. The expected profit margin of the industry is 3.69% and 4.33%. Prior to January 20th, Rongxin took the prospect block on the eastern side of Hangzhou century, and the industry expected a profit margin of 1.3%. In June 25th, very few public places took the 27.17% of the premium rate to win the Qinglong commercial and residential land. This shows that more and more housing companies have resumed their ability to take land, and have been able to do their own business at low profit margins such as 1.3%-4.33%.

"The so-called inflection point, more or more demand to a certain extent, the market will be band or adjustment." Zhang Huifang believes that in recent three or four years, the policy considerations at the end of June often have a cooling effect on the market in the second half of the year. This is more inclined to a psychological expectation.

Many real estate Yaohao only need to verify capital without frozen capital, resulting in a decline in the success rate, which is also the developer's favorite selling hot illusion. At present, Hangzhou has adopted the guiding principle of "freezing funds on red plates". In fact, as the case of the buyers who choose to abandon the villa, the market heat differentiation is inevitable.

Zhang Huifang pointed out that Hangzhou's second-hand housing prices in recent two years are actually a bit stable, and the price difference between a second-hand market is gradually smoothing, not as big as it used to be. But if there is a better location and resources for the Yishoufang listing, there will still be "ten thousand people shaking". Therefore, Zhang Huifang felt that now the market turning point is not obvious, she pointed out that Hangzhou's housing supply has been relatively adequate. The success rate of Yishi Yaohao decreases while the rate of abandoning also increases slightly.

In fact, according to the statistics of transparent housing network, only in 2019, 110 thousand housing sources listed in Hangzhou attracted 757 thousand households of Yaohao, including 76 thousand households shaking over 3 times, and no family accounted for 29%. According to the actual jurisdiction of Hangzhou, about 16 million people, less than 1 million people to participate in, and ultimately only less than 110 thousand sets of the property market, this is a "niche" market. Affordable housing is 7.76% of the minority, and the remaining 92.24% are those that really need market attention.

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