The LPR remained unchanged in January. Will mortgage rates decrease again in 2025?

① Since January, the policy interest rates, which are the basis for LPR Quotes, have stabilized, suggesting that the January LPR Quote will remain unchanged. ② There is a possibility of interest rate cuts in the first half of 2025, with the total reduction expected to reach 50 basis points for the year, which is higher than the 30 basis points reduction from the previous year, leading to a significant downward adjustment of the LPR Quote.

cls.cnJan 19 23:49 ET

Keenan Securities: Real Estate sales in the fourth quarter are stabilizing marginally, and the annual scale of starts and completions has significantly contracted.

The expected sales data for January is weak, and the sustainability of market recovery still needs to be observed.

Zhitong FinanceJan 19 21:39 ET

CICC: New home sales showed stable performance in December 2024. Follow-up measures after the policy effect pulsing back are still the focus of attention.

Considering the recent narrowing year-on-year growth in sales area of new and second-hand homes, and the trend of declining listing prices and increasing volumes in major cities, the effects of policies may be gradually pulsing back. The decline in market trading activities around the Spring Festival could lead to a more stable phase of price fluctuations.

Zhitong FinanceJan 17 03:18 ET

Mainland Real Estate has partially warmed up as LONGFOR GROUP (00960) rises by 3.73%. Institutions indicate that the continuous improvement of the land market is a prerequisite for the market recovery.

Jinwu Financial News | Some Mainland Real Estate stocks have shown signs of recovery. LONGFOR GROUP (00960) increased by 3.73%, YUEXIU PROPERTY (00123) rose by 3.35%, CHINA RES LAND (01109) went up by 3.1%, CHINA OVERSEAS (00688) advanced by 3.01%, and CH OVS G OCEANS (00081) climbed by 2.38%. The National Bureau of Statistics released data showing that in December 2024, in 70 large and medium-sized cities, the sales prices of Commodity Residence in first-tier cities increased month-on-month, while the overall decline in second and third-tier cities narrowed; the year-on-year decline in first, second, and third-tier cities continued to narrow. In December, the new commercial properties in first-tier cities...

Golden Dawn Financial NewsJan 16 22:15 ET

[Brokerage Focus] Ping An Securities: As the Spring Festival holiday approaches, the real estate Industry is expected to enter a period of sluggish transactions in the short term.

Jinwoo Financial News | Ping An Securities has released its monthly report on the real estate Industry. With the approach of the Spring Festival holiday, it is expected that short-term transactions will enter a period of stagnation. In the mid-term view, the current high point of the property market in terms of volume and price has clearly receded. Coupled with the reduction of down payments and interest rates, the threshold for residents to purchase property has significantly improved. Although the existing inventory is high and expectations for housing prices and income still constrain the property market's performance, it is believed that the sharp decline in the market has passed. As more high-efficiency, high-quality products enter the market, some demand may flow back from the second-hand housing market to the new housing market, leading to a stabilization of high-quality products in the market first. The short-term focus should be on the performance from after the Spring Festival to March. On the indiv

Jinwu Financial NewsJan 16 21:59 ET

Statistics Bureau: In 2024, national Real Estate Development investment is 10,028 billion yuan, a decrease of 10.6% compared to the previous year.

In 2024, the national Real Estate Development investment is 10,028 billion yuan, a year-on-year decrease of 10.6%, of which Residence investment is 7,604 billion yuan, down 10.5%.

cls.cnJan 16 21:08 ET