332 units were sold out in 3 and a half hours. After optimizing the real estate policies, Shenzhen has seen a "sunlight disk".
According to the information disclosed by the Shenzhen Real Estate Association on the evening of October 13, this year there are only 7 projects in Shenzhen with a registration-to-closing ratio exceeding 1:1, but on the opening day, there was only the Hyde Park project which was a 'sunshine home' previously; Longhua Shenye Shangcheng Xuefu is the second 'sunshine plate' in Shenzhen this year. Not only in new homes, but also in the Shenzhen second-hand housing market, there are also relatively obvious signs of warming up.
Ministry of Finance releases major measures to stabilize the real estate market: Special bonds can be used to purchase existing properties, optimizing related tax policies.
1. Following the People's Bank of China and other three financial ministries, the Ministry of Finance has also released a major policy favorable to the stability of the real estate market; 2. Specifically, the Ministry of Finance has outlined the future direction of real estate financial policies from three aspects, namely allowing special bonds to be used for land reserves, allowing special bonds to purchase existing houses, and optimizing and improving relevant tax policies.
Up to 1 million yuan! Qingdao and Quanzhou have increased the housing provident fund loan amount today. In October, six cities have implemented preferential housing loan policies.
①Today, Qingdao and Quanzhou have announced further optimization measures for real estate, including unifying the minimum down payment ratio for housing loans and increasing the maximum amount of housing provident fund loans. Since October, many places have also optimized housing provident fund crediting policies. ②Industry insiders believe that the current financial policies are relatively loose, playing an important role in boosting real estate trade.
New home and second-hand home sales have significantly rebounded, showing signs of recovery in the Hong Kong property market amid interest rate cuts and stock market recovery.
In the first week of October, the sales volume of second-hand houses in Hong Kong skyrocketed by 60% compared to the previous week, reaching the highest level in six months. Jefferies Financial expects that the Hong Kong real estate market is expected to bottom out, with next year's house price growth expected to be in the single digits; but there are also views that in the case of excessive housing inventory and weak economic growth, the recovery of the Hong Kong property market remains challenging.
National Day real estate market presents a "hot" scene: new home transactions in Beijing, Shanghai, Guangzhou, and Shenzhen have significantly increased. A real estate company sold 14.8 billion in 7 days.
During the National Day "golden week", the subscription area of 22 key cities during the eleven period increased by 12% compared to the previous month, and increased by 26% year-on-year; First-tier cities have significantly increased the transaction volume of new homes and second-hand homes during the National Day period under the promotion of policy optimization, with better performance in Guangzhou and Shenzhen than in Beijing and Shanghai.
Daiwa: After the opening of A shares, Hong Kong real estate, consumer, and financial stocks will experience a pullback, but this is healthy.
JPMorgan believes that the forward price-earnings ratio of the Chinese stock market has significantly rebounded, indicating a shift in policy towards the inflation direction released by the combination of monetary/real estate assets, and also reflects the market's high expectations for fiscal stimulus policies. However, the short-term outlook may be too optimistic. After the A-share market opens, with more individual investors entering, its performance may outperform Hong Kong stocks.