Ji'nan announced February new commercial housing price index: an increase of 0.4%

time:11-03-20 forum:
  Reprinted from http://sd.sdnews.com.cn/2011/3/19/1040997.html

after the effect of strict regulation, especially on the policy of limited purchase, the State Bureau of statistics issued a change in the price of housing sales in 70 large and medium cities in February. Judging from the situation in Shandong, the price index of new commercial housing in Ji'nan is still on the rise in February, while Qingdao has shown a downward trend.
from the case of Ji'nan, the price index of new commercial housing increased by 0.4% over January, up 5.7% from the same period last year. According to the data issued by the National Bureau of statistics, Ji'nan new commodity housing in January was 0.2% higher than last year's December price index. This month, the growth rate of the city was enlarged, and the growth rate was a little different from that of the same year.

from the case of Qingdao, another city in our province, the price index of new commercial housing decreased by 0.4% from January to January, up 4.8% from the same period last year. From the situation of second-hand housing, the price index of second-hand housing in Ji'nan increased by 0.2% in February, up 2.7% from the same month last year. The second-hand housing price index in Qingdao is flat, which is 5.9% higher than that in January. In terms of new commercial housing, Ji'nan ranked forty-first out of 0.4% in 70 cities around the country; in terms of second-hand housing, Ji'nan was ranked thirty-fourth in the country by the increase of 0.2%.

why is the price index of Ji'nan and Qingdao going up and down?

industry insiders think it is mainly from two reasons. On the one hand, Qingdao is a city close to the first line, and its housing price is affected by the policy. Ji'nan is a second tier city with relatively stable housing prices and slower response to policies. Another important reason is that after the introduction of the "Eight Control Regulations on House Prices" policy, Qingdao was the first in the middle of February to introduce the restrictions on purchase orders in the middle of February, and began to implement a strict purchase policy, while Ji'nan issued the "ten" in the end of February, and the strict rules for limited purchase were released in the early March. Therefore, under the strict restriction policy of Qingdao, the housing price index has a downward trend while the housing price index in Ji'nan is on the rise.

industry insiders believe that the housing price index of Ji'nan will not be ruled out in March.

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