First, the transaction volume has decreased, which is reflected in all aspects of real estate. Whether it is a first-hand house or a second-hand house, the transaction volume is not as good as before. An interview shows that a real estate agent is in a store in Beijing, which is a center of Beijing and belongs to the most active place for real estate transactions in Beijing. However, the person in charge of the agency said that two suites were sold in one month, and the transaction volume was less than last year's110. In addition to the cold and cheerless second-hand housing transactions, new housing transactions are also extremely cold and cheerless, and many houses even need discounts. Even so, most buyers still hold a wait-and-see attitude, resulting in many new houses not selling as fast as expected, and many houses cannot be sold.
Second, the tightening of bank lending actually requires the support of banks in real estate transactions, because in this process, real estate developers need to borrow money from banks to auction land, and buyers also need to borrow money from banks to buy houses. If bank lending is tightened, buyers and builders will feel stretched and the transaction volume will decrease. Moreover, many property buyers have said that the loan approval is slower than before, and many times they can't let their loans be approved. Under such circumstances, some property buyers are not at ease and will not buy a house.
Third, the land auction situation With all aspects of real estate feeling the cooling of the housing market, land auctions were not active before, and even land auctions appeared. Developers have also slowed down their own land acquisition and development. It can be seen that the cooling policy of real estate is well implemented, which can also ensure the stable development of the real estate industry.