Xinhua News Agency reporters Zhao Ruixi and Li Qianwei
Following Shenzhen in February this year, Chengdu recently introduced a reference price mechanism for second-hand housing transactions to guide real estate brokers to reasonably release listing prices, and commercial banks to reasonably issue second-hand housing loans. What are the implementation points of this mechanism? What is the current effect? Can you put out the "virtual fire" in the property market?
Shenzhen and Chengdu released the reference price of second-hand houses.
In recent years, Shenzhen, Chengdu and other places have seen the phenomenon of rapid rise of second-hand houses in popular areas, and even the phenomenon of owners driving up prices and falsely reporting listing prices. The intensification of the price inversion of second-hand housing has further affected the order of the new housing market and spawned "innovative" chaos such as crowdfunding and agency holding.
Shenzhen has already entered the era of second-hand housing stock trading. From 1 to May this year, the transaction volume of second-hand houses in downtown Chengdu accounted for more than half, reaching 52.3%. This means that second-hand housing has become the main force of property market transactions in some cities, and it has also become the dominant pricing of the property market. How to guide the second-hand housing to return to reasonable pricing has become a subject that some cities must face in regulating the property market.
Three months after the implementation of the reference price release mechanism in 3595 residential quarters in Shenzhen, on May 28th, Chengdu announced the first batch of transaction reference prices of 20 1 building, of which the lowest was 1, 3 1, 654,38+00 yuan/square meter, and the highest was 39,300 yuan/square meter.
The market generally believes that the reference price lending of commercial banks is the key to the reference price mechanism of second-hand houses.
On the day when the reference price of second-hand housing transactions was first released in Chengdu, the Chengdu Housing Provident Fund Management Center issued a notice saying, "If you purchase a second-hand house to apply for a housing provident fund loan, you should determine the house value and calculate the loanable amount according to the lowest of the online contract price confirmed by the construction department, the housing evaluation price and the transaction reference price announced by the housing construction department." Bank of China Sichuan Branch, Agricultural Bank of China Chengdu Branch, Industrial and Commercial Bank of China Chengdu Branch and Chengdu Rural Commercial Bank said that the reference price of second-hand housing transactions in Chengdu is an important reference for the value of second-hand housing mortgage loans.
Fu Yuehua, president of RealData Chengdu Branch, believes that the rapid rise of second-hand housing prices has gradually spread from first-tier cities to second-and third-tier cities. Shenzhen and Chengdu have successively released the second-hand housing reference price mechanism, which will form a demonstration transmission effect for more cities.
High-priced houses disappeared overnight, and the volume of transactions fell.
"Houses in this area are in short supply. In the past two years, the transaction price has increased by 1 ten thousand yuan per square meter. " On May 3 1, YueYang, a real estate agent in the financial city area of Chengdu High-tech Zone, told the reporter, "After the reference price of second-hand houses came out, all the houses that exceeded the reference price were removed from the internet, and now you can only see the houses in the stores. The policy has just been implemented and no owners have cut prices. "
Shenzhen, which has implemented the reference price mechanism, has seen a series of market reactions overnight, such as all "prices are not available", sellers are reluctant to sell, listed houses have stopped falling and rebounded, and the transaction volume has remained sluggish.
At present, the second-hand housing market in Shenzhen is in a "sideways" state. In May, the turnover was only 3,027 sets, 276 1 10,000 square meters, down 6 1% year-on-year. This "rigid constraint" has achieved certain results. In addition to the buyer's expected changes, the owners have also changed their previous one-sided "tough" attitude, and the price of second-hand houses in some hot spots has been slightly loosened, which has curbed the phenomenon of price gouging.
Fu Yuehua believes that referring to the market reaction in Shenzhen, it is expected that the transaction volume of Chengdu reference price real estate will be affected by market sentiment, the transaction cycle may be lengthened, and the owner's quotation will tend to be stable and rational.
Mr. Fang, a citizen of Chengdu, began to look at second-hand houses in March this year. Regarding the reference price of second-hand houses in Chengdu, he believes that this is conducive to stabilizing market expectations and is a good thing for buyers. But in the short term, for some people who are eager to buy a house in a hot spot, it is a high probability that the transaction price is higher than the reference price, and the down payment ratio will increase.
Can the skyrocketing second-hand housing prices return to rationality?
"Before the owner raised the offer at both ends for three days, people were very nervous. I am afraid that if I start a few days later, I will have to bear huge costs. After the introduction of the reference price policy, the market has calmed down a lot, and I can see the house more calmly. " Ms. Wu, who is preparing to buy a house in Shenzhen, said.
Liu Lu, a professor at the School of Economics of Southwestern University of Finance and Economics, believes that from a statistical point of view, the emergence of "extreme value" not only raises the average price, but also makes both the supply and demand sides feel anxious in the already hot market. Therefore, the introduction of the second-hand housing reference price can avoid the adverse psychological impact of some high-listed houses on the market.
The deserted transaction volume made the intermediary panic. In Shenzhen, not only many real estate agents "secretly" publish the listing information and the owner's quotation in the circle of friends, but even some intermediary stores use fruit as the price code. A durian represents 65.438+million yuan and a banana represents 65.438+million yuan. The relevant departments in Shenzhen quickly dealt with this behavior.
However, it also reflects the grim reality that the housing market price in some hot spots in Shenzhen is much higher than the reference price, and the market sentiment of "real estate speculation" has not been fundamentally reversed. The reference price is intended to remind buyers of the risk of "chasing the market". "But the fruit code word reflects the market demand for real price information," said Li, chief researcher of Guangdong Housing Policy Research Center.
With the emergence of new phenomena and problems in the market, regulatory policies are constantly "patched". Second-hand housing reference price is another "patch" policy for property market regulation. However, to achieve long-term regulation of the property market, the key is to stabilize expectations. At the same time of "patching", we should also pay attention to long-term prediction of market behavior that may be triggered by various policies, and try to avoid loopholes in policies. The sustained and stable implementation of long-term control policies will help buyers to have more stable expectations on the trend of house prices and the time of buying houses, and alleviate the anxiety of "getting on the bus in a hurry and being afraid of falling behind".