Real Estate Investment
- 389.425
- +0.436+0.11%
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.
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%.
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.
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.
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%.
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.
Daily summary of Real Estate Industry dynamics (2024-12-13)
Mini Program: Daily summary of Real Estate Industry dynamics 1. Central Economic Work Conference: Continuing efforts to stabilize the Real Estate market According to CCTV news broadcast, the Central Economic Work Conference was held in Peking from December 11 to 12. The conference proposed effectively preventing and resolving risks in key areas, firmly maintaining the bottom line of not experiencing systemic risks, continuously working to stabilize the Real Estate market, enhancing the implementation of urban village and dilapidated housing renovation, promoting the establishment of a new model for Real Estate development, and prudently managing risks in local small and medium Financial Institutions. (The Paper) 2. "100% usable area"; Beginning January 1, Hunan Hengyang will sell commercial housing by unit.
The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
After 14 years, returning to "moderately loose" monetary policy invigorates Assets in China! How to layout next?
On December 9, the Political Bureau of the Central Committee of the Communist Party of China held a meeting. The meeting emphasized the importance of economic work for next year and clearly proposed to 'stabilize the real estate and stock markets', 'implement a more proactive fiscal policy and moderately accommodative monetary policy', 'strengthen extraordinary counter-cyclical adjustments', and 'effectively combine policies'.
What other policies are needed to "stabilize the real estate market"? Frontline: Early repayment of loans has decreased somewhat but remains high. Industry insiders: Further interest rate cuts are still needed.
Against the backdrop of adjustments in the interest rates for existing home loans, some analyses suggest that the scale of early repayments has slowed down.
After a 14-year gap, the mmf policy has once again suggested "moderate easing". How will the LPR trend next year? A separate reduction of 20-60 basis points may occur for terms over five years.
Many market participants believe that the quote for the LPR for terms longer than five years will be further reduced, although the predicted range varies between 20bp and 60bp.
The Political Bureau of the Central Committee of the Communist Party of China: Implement more proactive macro policies, expand domestic demand, promote the integration of technology innovation and industrial innovation, and stabilize the real estate and s
The Political Bureau of the CPC Central Committee held a meeting on December 9 to analyze and study the economic work in 2025; listened to the work report of the Central Commission for Discipline Inspection and State Supervision Commission, and discussed the arrangements for the party's work style and anti-corruption work in 2025. General Secretary of the CPC Central Committee **** presided over the meeting.
How to view real estate? Xinhua News Agency: To promote the further stabilization of the real estate market, there should be "strict control of new projects, optimization of existing ones, and improvement of quality" regarding commercial housing construct
How to look at the trend of the real estate market - the sixth Q&A of the current China economy.
Daily real estate industry news summary (2024-12-06)
Recently, in some cities where the first-home mortgage rates once dropped to the '2' range, the new lower limit for first-home mortgage rates has been adjusted back to the '3' range. In response, both banks and real estate industry insiders have indicated that this more reflects the urgency of banks to increase their asset yields, with mortgage pricing gradually returning to a rational consensus, overall mortgage rates still maintained at relatively low levels. (Securities Times)
Daily real estate industry updates summary (2024-12-05)
According to the Central Research Institute, in November 2024, the total amount of real estate enterprise bonds financing was 48.27 billion yuan, a year-on-year increase of 9.0%, continuing to be positive for three consecutive months under the impact of a low base in the previous year, with a month-on-month growth of 66.6%.
The Midfinger Research Institute: In November, real estate companies experienced a sustained recovery in financing.
According to the China Index Academy's monitoring, the total bond financing of real estate companies in November 2024 amounted to 48.27 billion yuan, a year-on-year increase of 9.0%, showing continuous positive growth for three consecutive months under the influence of last year's low base, with a month-on-month increase of 66.6%.
In Fujian, the mortgage rate in many places has been adjusted to 3.1%. Experts believe that ultra-low interest rates are not sustainable. Banks are revising the "internal competition" trend.
① In multiple cities within Fujian Province, including Xiamen, Fuzhou, and Putian, the mortgage interest rate has been uniformly raised from 3.05% to 3.1%. ② The lack of clarity on the lower limit of the interest rate has led to intense price competition among banks, and this adjustment is a correction of the excessively low rates, which does not indicate a tightening of policy.
Will the first home loan interest rate in Qingdao be raised to 3.1%? Several local banks responded.
① Most bank branch staff have indicated that they have not yet received any notification about an increase; a few bank branch personnel, however, admitted that there is a possibility of an increase; ② The cost and revenue of mortgage lending need to be balanced, and some banks previously offered favorable interest rates that are generally at the extreme position of such a smooth line. Even if there are adjustments, mortgage rates remain at a relatively low level overall.
What "bottlenecks" are faced when repurchasing existing land? Real estate companies: price is one important factor.
The "stumbling block" issues that arise in revitalizing idle inventory land include the difficulty of reaching a consensus on the recycling price of the original plots between companies and the government. If the land is reclaimed at the current market price, the willingness of companies to participate is not high. There are many restrictions on the adjustment of land types, which involve the need to make additional land price payments; Analysts believe that the inventory idle land that can generate incremental value and achieve financial balance after being reclaimed, or the focus of current local government acquisitions.
Will the sales of the top 100 real estate companies drop month-on-month in November? Will there be a strong finish in December?
① November is the second complete calendar month after the "926" easing policy. Overall, real estate companies' sales have declined compared to October; ② "It is expected that real estate companies will maintain strong promotional efforts in December to boost performance, and sales in top 100 companies and core cities are likely to continue improving on a month-on-month and year-on-year basis."