According to the data released by the Central Plains Real Estate Research Center on the 5th, during the period of 2022 1, more than 66 real estate-related policies were issued all over the country, most of which were supportive policies such as loose provident fund policies and subsidies for renting houses and buying houses for talents. This is the most intensive period of China's real estate-related policies for many months, which is 57% higher than that of 202 1 and 1.
Since the beginning of 2022, China's real estate-related regulatory policies have continued the policy direction in the fourth quarter of last year. Zhang Dawei, chief analyst of Zhongyuan Real Estate, said that the recent signal of "stabilizing the property market" has three main characteristics:
First, the central government reiterated that "housing is not speculation" and adhered to the "three stable" goals of stabilizing land prices, housing prices and expectations.
At the end of last year, the Central Economic Work Conference reiterated that "houses are for living, not for speculation" and mentioned supporting the commercial housing market to better meet the reasonable housing needs of buyers. At the national conference on housing and urban-rural construction, the Ministry of Housing and Urban-Rural Development mentioned eight tasks in 2022, among which "strengthening the regulation of the real estate market" was put in the first place. The tone of real estate policy maintains continuity and stability.
Second, the credit policy is gradually relaxed, which promotes the expected stabilization.
After RRR cut interest rates comprehensively in June 5438+February last year, interest rates were cut in 2022, and the tight real estate financial environment was loosened. Although the 5-year LPR (loan market quotation rate) referenced by mortgage interest rate is only lowered by 5 basis points, the demand for house purchase has begun to reverse the downward trend and shows signs of stabilization. Multi-site mortgage loans have also accelerated significantly.
Third, local governments frequently stabilize the property market, and increase policies such as provident fund and housing subsidies.
65438+ 10/8, Zigong City Housing Provident Fund Management Center of Sichuan Province issued a new policy, which mentioned relaxing the identification of housing units and implementing "only recognizing loans but not recognizing houses". There is no record of housing provident fund loans and no outstanding housing commercial loans, which shall be implemented according to the first home loan policy.
In addition, according to the statistics of Zhongtai Securities Research Report, as of June 23rd, Zhuzhou, Nanning, Baoding, Yulin, Maanshan and other 18 cities or districts have issued real estate-related support policies. The main measures include providing housing subsidies for talents or families with three children, relaxing restrictions on settlement, and reducing the down payment ratio of provident fund.
These support policies have not brought about a rebound in the property market. According to the statistics of the Central Reference Institute, from June 5438 to June 2022 10, the top 100 real estate enterprises took a total of 83.7 billion yuan, down 62.6% year-on-year. According to the report released by the think tank center of Yiju Research Institute, in the first 23 days of June 5,438+10 this year, the transaction area of new commercial housing in1000 cities nationwide was17.57 million square meters, down 20% from the previous month and 44% from the same period last year. It will take time for the warmth of policies to reach the market. (End)