On the morning of February 9th, Wang Feng, a real estate expert from the Ministry of Housing and Urban-Rural Development and Director of the Shenzhen Real Estate and Urban Construction Development Research Center, was interviewed by a reporter and made an in-depth interpretation of the establishment of a reference price release mechanism for second-hand housing transactions in Shenzhen. Wang Feng revealed that the reference price of second-hand housing transactions in Shenzhen is published once a year in principle, and the listed price of the middle price cannot exceed the reference price. Commercial banks will issue second-hand housing loans according to the reference price.
Last year, the price of second-hand houses in Shenzhen rose by 12.9%.
"Shenzhen Housing and Construction Bureau has established a reference price release mechanism for second-hand houses, which should be said to be a pioneering work in China. It plays an important role in implementing the positioning that houses are used for living, not for speculation, and implementing the regulatory objectives of stabilizing land prices, stabilizing housing prices, and stabilizing expectations. " Wang Feng said that in recent years, the second-hand housing market in Shenzhen fluctuated greatly, and the price of second-hand housing rose rapidly. Last year, the National Bureau of Statistics announced the housing price index of 70 large and medium-sized cities in China. The increase rate in Shenzhen was 5%, while the increase rate of second-hand houses was relatively large, reaching 12.9%, which was relatively high in the whole country.
Wang Feng said that the phenomenon of price inversion of a second-hand house in Shenzhen is also prominent in the whole country, and there are also many chaos in the second-hand house market. For example, the listing price is artificially high, and some hot spots have seen some hype. The reference price of second-hand housing introduced this time should play an obvious role in solving the market chaos of upside-down second-hand housing prices and inflated listing prices. First of all, it is conducive to the implementation of the central government's regulation and deployment to curb housing price increases. Secondly, it is conducive to reasonably guiding market expectations, avoiding overheating of the second-hand housing market and promoting rational market transactions. Third, it helps to guide the intermediary to give a reasonable listing price and avoid the problem of inflated listing price. Fourth, it is conducive to guiding commercial banks to issue loans reasonably, reducing leverage and preventing financial risks. Wang Feng said that the reference price of second-hand housing transactions in Shenzhen.
In principle, it is released once a year, and it may be released once every six months when the market fluctuates greatly.
The reference price of 62% buildings in the city is basically the same as the transaction price.
Wang Feng explained that the reference price of second-hand housing transactions announced this time is based on online signing data. By investigating the actual transaction price in the market and the evaluation price of bank loans, the reasonable transaction price is comprehensively analyzed, calculated and evaluated, and the reference price is revised with reference to the surrounding first-hand housing prices, so that the reference price is closer to a reasonable level, which is conducive to curbing the inflated second-hand housing prices. The transaction reference price released this time is not adjusted for specific people, but some communities are affected by different supporting facilities, degrees and other factors, resulting in differences with the surrounding real estate prices. Previously, a professional data organization released a lot of Shenzhen house price indices, saying that the average price of second-hand houses in Shenzhen reached 90,000/flat. This price is calculated from the listing price, but it is not the real market transaction price.
Wang Feng revealed that in the investigation of 3,595 buildings in the city, it was found that the reference prices and transaction prices in most areas in eastern Shenzhen, such as Luohu, Longgang, Pingshan, Penggai and Yantian, were basically the same, and these buildings accounted for 62% of the total number of buildings in the city, which should truly reflect the transaction situation in the market. However, there are still some areas, especially some hot spots in the west, such as Xiangmihu area in Futian, Houhai area in Nanshan and Baozhong area in Baoan. The price of second-hand houses is much higher than that of first-hand houses, and the market irrationality is very prominent.
Second-hand housing buyers and sellers will enter the game stage, and the transaction volume will decline.
Regarding the public's concern that the reference price of second-hand houses will affect the purchase of houses, Wang Feng said that this policy has little impact on the real buyers who just need it. Second-hand housing can be signed online according to the rational market price, but with this price guidance, buyers will have new psychological expectations when buying a house and will not blindly follow suit. The next step is that the intermediary listing should not be too high, and commercial banks should also lend according to this reference price to maintain market stability. Next, the relevant departments will issue specific implementation rules to further strengthen the supervision of the real estate market and promote the stable and healthy development of the real estate market.
Wang Feng believes that the second-hand housing reference price policy has a short-term impact on the Shenzhen property market. Next, the second-hand housing buyers and sellers will enter the game stage, making the seller more rational and the buyer more aware of the market price. The transaction volume of second-hand houses in Shenzhen will definitely decline. But at the same time, the government is increasing the supply of new houses. He called on property buyers not to follow suit and buy property with serious speculation. In the long run, this second-hand housing reference price policy will make the market tend to be rational, which is conducive to the just-needed purchase.