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

Meridians: It is expected that MMI still has room for decline, which will have a positive effect on the Hong Kong property market.

In November 2024, the Mortgage Interest Rate Index (MMI) was reported at 3.78%, a decrease of 12 basis points from the previous month, marking a decline for six consecutive months and reaching a new low in 14 months.

Zhitong FinanceDec 17 15:30

Statistics Bureau: From January to November, national Real Estate Development investment decreased by 10.4% year-on-year.

Today, the National Bureau of Statistics released data showing that from January to November, national Real Estate Development investment was 9363.4 billion yuan, a year-on-year decrease of 10.4%; among which, Residence investment was 7119 billion yuan, a decrease of 10.5%.

cls.cnDec 16 10:06

The latest statement from the Central Financial Office: This year's GDP in China is expected to grow by around 5%; the new wording of policies has significant implications, and specific plans will be showcased at the national two sessions.

Today (14th), at the 2024-2025 China Economic Annual Conference held at the China International Economic Exchange Center, Han Wenxiu, Deputy Director of the Office of the Central Financial and Economic Committee responsible for daily operations and Director of the Office of the Central Rural Work Leading Group, stated that China's GDP is expected to grow by about 5% this year.

Securities TimesDec 14 11:50