Daily Real Estate Industry Update Summary (2025-01-03)

Yuan Dan, the Deputy Secretary-General of the National Development and Reform Commission, stated that the next step for the National Development and Reform Commission will focus on the following work: increasing efforts to ensure and improve people's livelihoods.

Golden10 DataJan 3 15:47

It's once again the annual mortgage repricing day, and Banks personnel candidly state that "revenue pressure is increasing." How to stabilize the interest margin under the expectation of interest rate cuts?

① With the arrival of the repricing cycle on January 1st, many industry professionals who spoke with reporters from the Financial Association stated that "revenue pressure is increasing." ② Looking ahead to 2025, many experts believe that the policy interest rates need to be further lowered during the year, and mortgage rates will continue to decline. ③ From the perspective of the Industry, controlling costs remains the primary measure each bank is taking to ease the downward pressure on interest margins.

cls.cnJan 2 21:14

At the end of 2024, the top 100 real estate companies will see a rebound in sales, with the number of companies exceeding one billion reduced to 11.

By the end of 2024, the sales of the top 100 real estate companies will show a tail end market trend; the number of billion-yuan and hundred-million-yuan real estate companies continues to decrease, with the number of billion-yuan companies further reduced to 11 in 2024, returning to the level of 2016.

cls.cnJan 2 16:18

Daily summary of Real Estate Industry news (2025-01-02)

On December 31, the Guangzhou Real Estate Agency Association released data showing that in December 2024 (statistical period: November 26 to December 25, 2024), the number of online signed second-hand Residence transactions in Guangzhou was 11,494, a year-on-year increase of 17.33%; the signed area was 1.1716 million square meters, a year-on-year increase of 17.83%.

Golden10 DataJan 2 15:52

Meridians: It is expected that this year there will be around 6,000 mortgage applications for pre-sale flats in Hong Kong, challenging the highest level in nearly five years.

Cao Deming stated that all Banks have begun to compete for mortgage Business in the first quarter of this year, and the disparity in the market share of the Banks may have an opportunity to be readjusted.

Zhitong FinanceJan 2 15:35

On the first trading day of the New Year, Bank stocks opened high and then fell back. Many Institutions: the opening performance may be better than in previous years, but the trend of declining net interest margin remains unchanged.

① The crediting ratio between each quarter is expected to recover to a ratio of 4:3:2:1. ② It is expected that policy trends will continue, gradually boosting demand in the Real Estate sector. ③ This year, the decline in net interest margin for Banks is narrower compared to 2024, with a calculated interest margin of 1.34% under neutral assumptions.

cls.cnJan 2 14:19