Since Ji'nan, Nanchang and other places to relax the purchase of the property market, more and more cities have adjusted the purchase policy. In the 46 cities that have issued the limited purchase policy, 29 cities, such as Suzhou, Nanning, Hohhot, Ji'nan and Haikou, are clearly cancelled or adjusted, and the list may continue to expand. Even Nansha has several times to cancel the news of the cancellation of the purchase, and several times have been denied, no matter where the Guangzhou limit purchase policy will go, the real estate market to cancel the heavy tide has become a fact. This year, the secondary property market is not active, and the price is weak. The data related to the wealth and property market show that the non Guangzhou local household registration buyers accounted for about 60% of the Guangzhou's second-hand housing market, and the "three year social security policy" of "outsider" was obviously limited. By this effect, the proportion of foreign domicile buyers in the first half of the year was reduced from about 65% to about 58%. Industry insiders said that the frequent spread of restrictions on purchases around the market, so that sellers expect more warmth, but the downturn in the property market status quo so that buyers "wait to drop" mentality intensified.
According to the Central Plains real estate transaction data, the volume of second-hand housing in Guangzhou in June dropped by about 10% compared with 5. There are many factors plagued by a number of factors such as second hand customers, limited purchase limit policy, loan interest rate, slow lending rate and unify registration of real estate. At present, the attitude of customers is still heavy and the shadow of low volume of turnover has been shrouded in the Guangzhou property market. Long Bin, President of the Economic Research Institute of rich real estate, said second hand buyers were watching the "falling" mentality, many buyers expected to lower prices, and the expected price drop was generally concentrated between 10%~20%.
This year's second-hand transactions have been sluggish month by month, the industry said that the impact of restrictions on purchases is actually quite limited, tightening monetary policy should be said to have a greater impact.