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

Mainland Real Estate stocks fell with the market, ZHONGLIANG HLDG (02772) decreased by 5.79%. Institutions expect that December transactions will continue to recover.

Jinwu Finance | Mainland Real Estate stocks decline with the market, ZHONGLIANG HLDG (02772) down 5.79%, CHINA VANKE (02202) down 4.2%, RADIANCE HLDGS (09993) down 3.32%, CHINA JINMAO (00817) down 2.97%, CHINA OVERSEAS (00688), LONGFOR GROUP (00960), CHINA RES LAND (01109) down over 1%. The Pacific Securities Research indicates that in November, the sales volume and sales area of commercial housing nationwide turned positive year-on-year, with buyers' confidence in purchasing homes recovering, showing signs of market improvement. Funding availability in Real Estate has improved, as December is generally a time for developers.

King's Financial NewsDec 19 13:20

The effectiveness of refinancing for affordable housing in the mainland has become evident, with over 10 cities purchasing existing housing projects.

According to a report by the Securities Times, since the national meeting on securing housing deliveries on May 17, relevant departments and local authorities have closely collaborated to expedite the acquisition of existing Commodities for use as affordable housing, achieving some phased results. It has been learned that recently, more than ten cities have successfully initiated projects for purchasing existing housing, raising over ten thousand units of affordable housing. The national meeting on securing housing deliveries clarified that in cities with high inventory of Commodities, the government may "purchase based on demand" at reasonable prices for some Commodities to be used as affordable housing. Local departments actively promote policy implementation, and relevant authorities have established purchase task forces under the urban real estate financing coordination mechanism to advance the.

AASTOCKSDec 19 08:47

China Galaxy Securities: Real estate monthly sales area year-on-year turns positive, the effects of policies are gradually emerging.

China Galaxy Securities released a Research Report stating that the cumulative sales area and sales amount from January to November 2024 have both narrowed in decline compared to the previous month, with a positive year-on-year growth in sales area for the month of November.

Zhitong FinanceDec 18 08:10