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Shanghai fell in the secondary housing prices are not still strong

Posted on Feb-29-2008· by

As part of the regional secondary listing price drop, the price of second-hand Shanghai tracks was "prices" imprint. However, in an interview yesterday, Shanghai Centaline Property, real estate Han-yu, in the 21st century, such as real estate companies in Shanghai known intermediary, have the "Daily News" said: "The local cases, there are signs of loosening prices, but Shanghai is the secondary The overall market there has been no significant price cuts. "
Centaline Property from the statistical data shows that: As of yesterday, the February turnover than the secondary decline in January, fell 30 percent. From the case of transactions, the majority of availability transaction price stability, in particular the majority of city centre availability, prices and turnover in 2007 7,8 on the same transaction price. By comparison, in the outer region, in addition to the secondary Songjiang Jiuting slight loosening price, and other regional prices flat in January, fell phenomenon did not appear.
Turnover downturn deputy general manager of Centaline Property prices stable Chen Yu Jue said, generally speaking, Shanghai's second-hand housing market turnover trend is still in the doldrums, February turnover equivalent to the same period last year only 60 percent. But house search of a substantial increase than the previous year, an increase of about three times.
From the market performance, regional centres and outlying regions were mixed. City Centre, having due regard to the positive, and are willing to pay the appropriate availability of the intent, but owners still strong惜售psychological, and basic to some concessions on price. In the outlying regions, although customers also houses more positive, but wait-and-see attitude, while the owners have sold more sincerity, even though the landlord is willing to make Guapaijia at about 1% -2% of the concessions, but has still not reached housing, psychological expectations.
Chen Yu Jue said, on the whole, as at present, the turnover of more February downturn, but the availability transaction price transactions, and prior to the same basic phase, no significant price differences.
Centaline Property Baoshan District, the Regional Manager of Juifang also said that the current tradition of regional prices for self-occupation remained strong. Baoshan, Pudong three-lam, Putuo outlying areas, the current real estate prices has not changed.
As a result of these new regional plate-supply, particularly concentrated in short supply, the overall cost-effective, we now these regions, prices also did not happen. The Center City District, whether it is single-handedly the supply of new homes, or second-hand link the existing set of availability are relatively low, and demand is greater, therefore, the current Central, particularly the inner ring, the availability prices it is strong.
Jishou landlord for more than replacement from the entire outlying regions, as the emerging regional North Jiuting plate, the recent second-hand housing prices were slightly relaxed, in the range of around 5%. Since the opening of rail transportation in the region before the pursuit by investors, after the opening of rail transportation, the actual situation in general.
Centaline Property analysts have pointed out that, with the lending policies of austerity, Yishoufang the impact of price cuts, as well as the arrival of the purchase off-season, making the north part of the funds Jiuting plate not sufficient landlord mentality has changed, in the scope of a certain profit, make price concessions, but was generally not more than 5%. In addition, this year the Government upcoming economy housing, mostly in the periphery of urban areas, therefore, generally the purchase price of these areas are expected to price cuts. Centaline Property of the transaction price, at the peak of last year, Songjiang Jiuting the average turnover -1.1 million in the 10,000 / square meters, and its current contract price for 9,300 yuan -1.05 million / square metre.
At the same time, Centaline Property Related also disclosed that recently, there are indeed individual landlord Jishu phenomenon. Jishou more than the current landlord to the main replacement, basically its own cash-on-hand availability to buy greater availability, and the prices in general the rate of 5% -8%.
后市forecast后市still optimistic about the price trend, deputy general manager of Centaline Property Chen Yu Jue, the price of Shanghai region will remain strong, because the transaction price of second-hand or by the main impact of the supply-demand relationship. City Centre is currently the primary regardless of the supply of new homes, or second-hand link the existing set of availability, relatively low, and demand is greater, therefore, the current Central, especially within the inner ring is the price will be difficult to decline. In between the outer ring and there will be some minor fine-tuning, the most affected region or external.
As for the traditional peak season 3,4 month contract, whether there will be any transactions peak, Chen Yu Jue, as 1,2 demand in the cumulative purchase will be a slight increase in turnover, but does not increase significantly. The substantial increase in turnover, may appear in the second half of this year. For now live in customers, in the past惜售investors may release availability of quality, it can pay more attention in the market. And the investors, the Centre City villa products, as well as high-end apartments also will continue to be a good hedge against inflation and value-added investment products. (Li Yang)

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