Many property buyers 'delaying' their purchases

0 CommentsPrint E-mail China Daily, May 18, 2010
Adjust font size:

The series of strict measures rolled out by the authorities to rein in soaring property prices over the past month seem to have only delayed purchases by potential buyers in most urban areas, latest statistics have showed.

Housing prices in 70 large to medium-sized cities nationwide grew 12.8 percent year on year in April, figures from the National Bureau of Statistics showed.

In Beijing, property prices grew by 14.7 percent in April year on year, peaking in the past 10 months, while the total floor space sold dropped to less than 1.2 million square meters, about 41 percent less than in March, statistics from the capital's statistics bureau showed.

The average housing price inside Beijing's fourth ring road from January to April reached 34,112 yuan ($5,016) per square meter, it said.

Housing prices in many other large cities like Shenzhen, Guangzhou and Shanghai are also on the rise, despite severe price control policies like property tax.

In April, the selling price of newly-built commodity houses in Shenzhen reached 20,567 yuan per square meter, a year-on-year increase of about 67 percent, while the total area sold in the city dropped to 291,200 square meters, a year-on-year decrease of about 61 percent, statistics from the Shenzhen bureau of land and resources showed.

Zhang Xiuhua, CEO of the Shanghai-based Fortune-Sun Reality Consultant Co Ltd, said housing prices in Shanghai are not falling as expected and the macro-control policies have only restrained transactions, with only 71,000 square meters of real estate sold during the first week in May, about 35 percent less than the previous week.

Other than first-tier cities, property prices in second- and third-tier cities are also increasing slightly, attracting speculative homebuyers to avoid the strict macro-control policies.

Chen Long, an analyst from the Wuhan Efang Research Center, said the average transaction price in the downtown area of Wuhan, capital of Hubei province, reached 6,640 yuan per square meter from May 6 to May 12, about a 0.33 percent increase from the previous week. The number of houses sold dropped 233, about 23 percent less than those of the previous week.

Chen said most property developers are not planning to offer any discounts on housing prices and most potential homebuyers are adopting a wait-and-see attitude at the moment.

During the recent May Day holiday period, total transactions in Hangzhou, capital of Zhejiang province, was less than 10 units, but second-hand houses downtown hit a record 20,000 yuan per square meter in April, statistics from realty company Centaline Group showed.

Relatively low housing prices and relatively free policies have also attracted speculative property buyers to invest in second- and third-tier cities, industry figures showed.

The authorities should ban buyers from purchasing property outside of their place of residence, said Li Chunyu, director of the market research department with the Kunming Hefuhuihuang Real Estate Co Ltd.

About 60 percent of respondents in a survey by the major portal sina.com said they think housing prices will fall following the government's strict control measures, while 30 percent of those polled thought otherwise.

Electricity in a number of houses in 660 cities has not been used for more than six months, indicating an unexpectedly high vacancy rate in the country, according to recent records from the State Grid.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 极品丝袜老师h系列全文| 网络色综合久久| 国产综合亚洲欧美日韩一区二区| 中文字幕AAV| 色国产精品一区在线观看| 外国一级黄色毛片| 三级在线看中文字幕完整版| 欧美一级黄视频| 动漫美女人物被黄漫小说| 被男按摩师添的好爽在线直播| 国产日韩欧美综合一区| 182tv成人午夜在线观看| 性欧美丰满熟妇XXXX性久久久| 久久午夜福利电影| 波多野结衣伦理视频| 免费高清电影在线观看| 美女教师一级毛片| 国产激情视频网站| 2020阿v天堂网| 国内精品久久久久久久影视麻豆| selao久久国产精品| 岛国a香蕉片不卡在线观看| 亚欧成人中文字幕一区| 91精品国产人成网站| 欧美黑人又大又粗XXXXX| 别揉我胸啊嗯动漫网站| 色五月在线视频| 天天5g天天爽永久免费看欧美| 久久精品国产欧美日韩亚洲| 欧美一区二区久久精品| 亚洲国产精品自产在线播放| 真实国产乱子伦高清| 午夜时刻免费实验区观看| 老师你的兔子好软水好多的车视频 | 欧美最猛黑人xxxx黑人猛交3p| 国产一区第一页| **aaaa**毛片在线播放| 女性高爱潮视频| 一区二区精品视频| 日本免费xxxx| 久久久精品午夜免费不卡|