Ji'nan property market continued to decline in June, experts say not to the bottom.
the turnover rate was 76%, which was the most obvious week in the past few weeks. In June 7th, when commenting on the Ji'nan property market transaction situation last week, Shandong Central Plains property market investigators said. Last weekend, the Ministry of housing, the central bank and the China Banking Regulatory Commission clarified the standard of the two suites "recognition of housing and loan". Investigators say the market has changed slightly in the first few days of the implementation of the new standard, and there is a certain relationship between the huge decline in the transaction last week and the announcement. The new standard's huge killing effect on the market will appear gradually in the market this week and "the transaction cycle continues to decline" is a visual estimate of the Ji'nan property market this week. .
survey, investigators said that in the week from May 31st to June 6th, the volume of the Ji'nan property market fell sharply in this week, with a decline of 90% in the Huaiyin area, 58% and 40% in the hi-tech and calendar areas, and a 76% decline in the overall property market in the last month. It's a week.
but the survey data also showed that the overall market price of the Ji'nan property market was slightly higher, "little increase, almost negligible", the investigators said, "the overall situation in the property market is still a stalemate."
investigators concluded that the main reason for the decline was "no new projects entered the market last week, and the projects mainly relied on natural sales". And in the policy continued high pressure situation, Ji'nan property market watching mood continues to increase, south of Ji'nan, a high-end project sales staff said, "a whole week did not have a customer, the consultation telephone is also poor."
transactions fell sharply in the eyes of investigators closer to the real situation of the market. Investigators say that most of the new projects have been accumulated for months or even half a year before entering the market. "Trading volume data is actually a period of result, often deviating from the market reality," investigators say. "In contrast, the transaction data under natural sales are closer to the fact of the market."
so far, there are no signs of new projects coming into the market this week. Investigators expect that the downturn will continue this week. At the same time, last weekend, a clear two suite "recognizes the house also recognizes the loan" news will also eliminate a part of the improvement demand buyers' purchase idea, "after the news, the market is filled with a pessimistic sentiment", "continued decline inevitable."