The sales of the top 100 real estate companies in Silver October have turned the corner, with over 80% performance growth compared to the previous month.
①Affected by favorable policies and real estate developers' promotions, the sales of the top 100 real estate companies in October achieved a year-over-year positive growth for the first time this year. ②Among them, 83 real estate companies saw a month-on-month sales increase, with 33 more compared to September; 38 real estate companies experienced a year-on-year sales growth, with 22 more than in September.
Rules for the normalization of existing house loan interest rates have arrived! Understand it in one article.
①Preliminary statistics show that as of October 28, 21 nationwide banks have completed batch adjustments, totaling 53.667 million transactions, reducing the outstanding housing loan interest rates by 25.2 trillion yuan. ②After this round of batch adjustments, the interest rates for existing housing loans have been reduced to 3.3%. If the gap between existing and new housing loan rates is greater than 30 basis points, it will drive a new round of reductions in existing housing loan rates.
First-tier cities' real estate market heats up in October: Guangzhou and Shenzhen lead the way, followed closely by Beijing and Shanghai.
1. It has been a month since the "stabilizing the decline" proposed at the end of the September Politburo meeting, with the first-tier city housing market heating up and the stabilizing trend becoming apparent; 2. Looking at the transaction data for October in first-tier cities, the market heat in Guangzhou and Shenzhen is significantly better than in Beijing and Shanghai.
shanghai real estate market new policy has been in effect for a month: market activity has significantly increased, both new and second-hand housing sales volumes have risen.
①From what we have observed, the willingness of home buyers to enter the market has significantly increased before the introduction of the new policy, and their market entry enthusiasm has greatly improved, with the home buyer decision-making cycle also shortened. ②Not only Shanghai, but also the four first-tier cities and hot cities have shown signs of market recovery across the country after the introduction of a package of real estate market optimization measures at the end of September.
The implementation of the 4 trillion 'white list' crediting is in progress. Real estate companies: Ensuring delivery is maintaining confidence.
① "Stable market confidence has multiple aspects and levels, with on-time delivery being one of the important aspects." ② "If pre-sale of existing houses is the higher goal, then the whitelist mechanism, considered by the industry as a bottom-line important measure, is to ensure that projects can be delivered, allowing home buyers to purchase with more peace of mind, which will play a quite solid role in strengthening market confidence."
Adjustment starting today! Major commercial banks are collectively adjusting the existing housing loan interest rates. Some small and medium-sized banks will complete the adjustment by the end of the month. A 1.25 million 25-year mortgage in Peking can sa
①Major commercial banks such as Industrial and Commercial, Agricultural, Bank of China, Construction, Communication, and Postal Savings Bank of China have collectively adjusted the interest rates of existing home loans that meet the criteria today, with some small and medium-sized banks expected to complete the process by the end of the month at the latest. ②With the combination of recent real estate support policies, there are certain signs of stabilizing and stopping the decline in the real estate market, and the phenomenon of early repayment has been alleviated.