The bubble has faded and second-hand housing prices are gradually returning to health.
A reporter from the Daily Economic News learned that recently, transactions in many "old and dilapidated" second-hand housing estates in Guangzhou have been extremely fast, and many houses can be sold in more than ten days, and individual listings have been taken down in one or two days.
"now it takes a few months for a second-hand house to be sold normally, and it has already been done after a day or two of listing.BingofrenzylivebingogamesIt is generally known that the owner wants to sell, but it has not been officially released yet. " A middle-level person of an intermediary agency in Guangzhou told reporters.
0 take a look, the deal will be done in one day.
Lianjia data show that Yun Ningju in Tianhe District, Guangzhou, closed a house in early April, only listed for 12 days, with 10 times, and has been closed after 2 price adjustments. The housing supply in this district was completed in 1999, and the total price is 170000 yuan lower than the listing price, while the transaction cycle of a set of houses in the district is 95 days.
The courtyard, No. 116 Xingang West Road, Haizhu District, has been 29 years old. the recent sale of a house is 39 square meters with one bedroom and one living room, with a total price of only 1 million yuan, which is lower than the listing price of 80, 000 yuan. The average transaction price is 25540 yuan per square meter, with a transaction cycle of 13 days and showing it twice.
It is worth noting that the last transaction in the district was in October last year, and the average transaction price was lower than that in the near future, which was 23451 yuan / square meter, but the transaction cycle was 56 days.
Tianhe District Dongpu plate Nanguo Jiayuan, the building is also more than 20 years old, the average transaction price is not low, in the community average price of 53160 yuan / square meter. However, among the three houses sold in the district in the past 90 days, the two sets of recent transactions are very fast, with a transaction cycle of one day and two days respectively, one of which is 0 and the other is 1, and the final transaction price is 150000 yuan and 600000 yuan lower than the listing price respectively.
The above intermediary said that everyone said that the market is not good, but we think it is just the price going down, the transaction is still good, our company's second-hand revenue share is rising. Guangzhou rigid demand market has been good, as long as the price is in place.
Shanghai Yiju Real Estate Research Institute selected "old and dilapidated small types of second-hand housing prices in first-tier cities" in the transaction report of second-hand housing in 22 cities to measure the price bubble of second-hand housing.
According to its observation and calculation, the price of second-hand housing in first-tier cities began to rise at the beginning of 2016, and the second-hand housing price bubble began to "inflate" in 2019, expanding from 20% to an all-time high of 58% in the first quarter of 2021. Then the bubble continued to shrink.
In particular, during the surge in the number of second-hand housing listings in the first half of 2023, the pressure of supply and demand forced the price bubble to continue to shrink. In the first quarter of this year, the bubble was only 5%, which means that in three years, the bubble of second-hand housing prices in first-tier cities has basically been eliminated, and second-hand housing prices have returned to health.
The transaction cycle of the second new house in the outer suburbs is 720 days.
Compared with the "old and broken small" in the urban area, the vast majority of the transaction cycle of secondary new houses in the outer suburbs has been pulled to more than 200 days.
Zengcheng Agile Green Lake capital, also belongs to the scope of the second new house, the transaction cycle as short as 7 days, as long as 720 days.
Zengcheng Zhu Village plate Poly Zhonghang City Phase II is also the case, the recent housing transaction cycle ranges from 60 days to 250 days. It is worth noting that two sets of houses of the same type in the district have recently been sold at a total price of 1.6 million yuan, with a listing price of 1.68 million yuan and a transaction cycle of 253 days, while the other is listed for 1.88 million yuan with a transaction cycle of 64 days.
Carey data monitoring shows that as of March 2024, there are 5976 commercial residential units in Zhu Village, Zengcheng, with a volume of nearly 2% of second-hand housing.Bingofrenzylivebingogames.5 times, the price of some projects is even comparable to that of second-hand housing. In the past year, Zhu Village has sold 299 second-hand houses, with an average transaction price of 12174 yuan / square meter.
According to the Guangzhou Real Estate agents Association, affected by the Qingming Festival holiday and severe convective weather, in April 2024 (the statistical period is from March 26 to April 25), the number and area of second-hand residential networks in Guangzhou were 9128 and 899300 square meters, slightly lower than the previous month by 2.61% and 3.78%.
The Guangzhou Real Estate intermediary Association pointed out that although the recent market benefits continue to increase, the strength is small, and the wait-and-see mood of both sides of the business is still strong; superimposed "Red May" new housing project opening, push and other marketing activities will be more frequent, as well as the impact of a large number of public travel, it is expected that there is a greater possibility of a slight decline in secondary market transactions in May.
Daily economic news