Daily Real Estate Industry News Summary (2024-12-20)

Recently, after several regions officially announced that commodity housing will be priced based on usable area, "cancellation of shared area" has once again become a trending keyword.

Golden10 DataDec 20 15:41

MIDLAND HOLDING: Hong Kong property prices are expected to "counterattack" next year, with an estimated increase of around 5%.

MIDLAND HOLDING expects that next year Hong Kong property prices are likely to "rebound," reversing a three-year decline, with an increase of about 5%, and rents rising another 6%.

Zhitong FinanceDec 19 16:36

Daily summary of Real Estate Industry news (2024-12-19)

On December 17, Zhangjiakou City in Hebei issued a policy to encourage the implementation of "direct sales of existing properties," gradually advancing the "cancellation of public space allocation"; previously, Hengyang City in Hunan clarified that the sales of commercial housing are priced based on the usable area, and currently the "cancellation of public space allocation" is beginning to take effect in multiple locations.

Golden10 DataDec 19 15:51

According to the Central Finger Research Institute: In November, the average transaction price of second-hand Residences in 100 cities fell by 0.57% month-on-month, while the Volume in Shenzhen doubled year-on-year.

Data monitoring shows that in November 2024, the average price of second-hand Residences in 100 cities is 14,278 yuan per square meter, a month-on-month decrease of 0.57%, narrowing the decline by 0.03 percentage points compared to October; a year-on-year decrease of 7.29%.

Zhitong FinanceDec 18 07:44

Keari Real Estate Research: In November, the Residence market transactions maintained a high level for the year.

In November, the supply scale grew month-on-month and year-on-year, with the supply volume in 100 typical cities at 15.07 million square meters, a year-on-year decrease of 26.3%, but a month-on-month increase of 43.4%.

Zhitong FinanceDec 17 19:34

Citigroup: The policies supporting the real estate market in mainland China are developing in the right direction, but it will take time.

Citibank published a research report stating that China recently held a Central Economic Work Conference, where the central government continued to promote the stabilization of the domestic housing market; increased efforts in urban renewal; fully released housing/upgrading demand; controlled land supply, revitalized existing land or non-residential properties; established new development models, among other policies. Citibank mentioned that the valuation of the domestic real estate Sector seems to be supported by several fundamental Bullish factors, believing that the mainland's supportive housing policies are developing in the right direction, but time is needed. Industry favorites include KE Holdings (BEKE.US), CHINA RES LAND (01109.HK), and Greentown (03900.HK). Shares |

AASTOCKSDec 16 11:15