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China - 2nd home market turns into a buyer's market in Xi'an, Shaanxi province - October 12, 2021

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  • China - 2nd home market turns into a buyer's market in Xi'an, Shaanxi province - October 12, 2021



    The highest drop is 720,000! Many stores are closed! Xi'an second-hand housing ushered in a wave of price cuts?


    Release time: 10-12
    09:13
    Official account of Beijing Phoenix Tianbo Network Technology Co., Ltd., creator in the financial field







    Source: Xi'an Property Market Intelligence



    After Xi'an issued a guide price for second-hand housing, there are really many articles about this policy, and our platform has also contributed many articles...



    If the previous article is a prediction, then today's article is a verification result. From July 10 to the present, the policy has been implemented for 3 months, and the market power of the guide price is fully demonstrated.



    Some people say that they will not cut prices, but this does not affect your neighbors' price cuts, nor can it affect the overall market is gradually turning cold.



    This phenomenon is not only reflected in the monthly housing price data of 70 cities, but also in the intermediary's circle of friends. With the implementation of the guide price, the market is expected to continue to decline, and more and more houses have recently reduced prices...



    Today, let's take a look at the details of these listings and talk about the next market.



    0 1



    Price cuts increase the number of second-hand houses return to the buyer's market



    Earlier, we wrote an article about the increase in second-hand housing prices after the introduction of the second-hand housing price. The price drop at that time was not obvious. The reason is simple, the time is too short...



    Both the buyer and the seller need time to adjust their mentality. The full payment was because the loan was too slow at that time, and the seller was unable to make concessions in the short term on the price. In other words, they had not yet accepted the reality.



    And three months, enough time for the market to react.



    Since September, there have been more and more second-hand housing listings with reduced prices, and there are many popular neighborhoods among them. Let's pick a few and take a look.



    Let’s not talk about anything else. From the words used by the intermediary, everyone can also see the changes in the market wind direction, using words such as price cuts/leakage , which has changed the previous "hard-hearted" attitude.



    Vanke Golden Mile East County, at the entrance of Xinjiamiao subway, reduced the price of a 130-square-foot house by 300,000 yuan. Qujiang Hee in the sea shore a guide price of units sold for 4.3 million, and now the price 720,000, a price of 3.58 million sold.



    (The screenshots of the real estate information in the intermediary circle of friends are for reference only)



    Such a large-area and high-priced house will always be bargained when the market is down, because there are fewer customers with this financial strength. If you are not optimistic about the market, fewer people will take over.



    Vanke High-tech Huafu 89 flat hardcover small three-room with degree, the previous total price was about 2.35 million, if according to the latest price of 2.05 million in the figure below, the average price is 23,000/㎡, and the price is reduced by about 3,000 /㎡.



    (The screenshots of the real estate information in the intermediary circle of friends are for reference only)



    Vanke Golden Joy City is a pretty good second-hand housing community in the west of the city. Currently, the 89-square-meter two-bedroom quotation is 1.46 million. The total price before the guide price is basically around 1.7-1.8 million, with a price cut of about 3,000/㎡.



    (The screenshots of the real estate information in the intermediary circle of friends are for reference only)



    Jinhui Century City in the second phase of Qujiang launched a full-fledged housing unit, and the price has also made major concessions. The total transaction price of the same apartment in the first half of the year was 2.45 million, and the current offer is 2.05 million, which is about 4 thousand/㎡.



    (The screenshots of the real estate information in the intermediary circle of friends are for reference only)



    The quotation of 4 rooms in the second phase of Yujincheng is 1.88 million, with an average price of 14,000/㎡. The average transaction price in the first half of the year was around 17,000/㎡, and the price was reduced by about 3,000/㎡.



    As one of the largest super-sized districts in the east of the city, Yujin City has a large number of housing units. At present, there are nearly 1,000 units combined. The overall price has dropped significantly recently, and intermediary stores in the district have also begun to close for transfer.



    (The screenshots of the real estate information in the intermediary circle of friends are for reference only)



    Longines Bay is located north of the city near the administrative center, residential quality in general, the average price of around 1.5-1.6 Wan / square meters, this flat 126 offer 1.55 million, the average price of 12,600 / square meters, the price of about 2,000 / square meters, the chip area It's a second-hand house with high cost performance.



    (The screenshots of the real estate information in the intermediary circle of friends are for reference only)



    Because the length of the article is limited, we will look at these sets. In fact, this kind of information is now a lot of searches in the circle of friends of any second-hand housing agency.



    What does this show?



    The seller has begun to accept reality.



    Landlords who are anxious to cash out or replace are willing to take advantage of the price and strive to get rid of them as soon as possible. The landlord who is not in a hurry continues to move a small bench to watch the show, because it is useless to be anxious, and the situation will not be much better in the short term than it is now.



    There is no doubt that after the guide price of second-hand housing, whether it is the strong demand for credit or the decline in home buyers' expectations, the second-hand housing market in Xi'an has indeed returned to the buyer's market.



    0 2



    The downturn in the second-hand housing market is a crisis but also an opportunity



    Price-cut housing has grown from a few cases to a common phenomenon, and the second-hand housing market in Xi’an is going down, which is a certain fact.



    From the distribution of the current listing price point of view , the current price is also a powerful craziest prices in 2020 that several hot cell, such as a wide Timon of Poly Xinyu garden, high in iron and other colorful Nelson, has been high-tech in expensive On the contrary, the price of degree housing is stable.



    What we can expect is that the transaction volume and prices of second-hand housing in Xi'an will continue to fall, and the market will remain bleak in the next six months.



    Standardizing the housing release mechanism, introducing second-hand housing guidance prices, prohibiting the release of high-priced housing, and strengthening the supervision of various entities in the second-hand market will cause the market to freeze for a while.



    So as a home buyer, how should you choose?



    Let me say that most people need to adjust their mentality first. It is a good thing that the market tends to be rational, especially for home buyers...



    Rather than letting you shout every day that the property market is about to finish, the slogan that house prices will fall to the bottom, feel that you can buy the bottom.



    It’s not surprising that the property market is chasing the rise and falling. We cannot deny that this wave of second-hand housing prices in Xi’an will continue to fall, but the policy is aimed at stabilizing and suppressing the soaring second-hand housing market in the past year.



    This is why we say that if we plan to buy second-hand houses in the near future, then the average transaction price of this community a year ago can be used as a reference for purchase, and the similar prices can be considered.



    If someone thinks that the price can fall by another 30%-50% from a year ago, I won't stop you, just be happy.



    What ordinary people can do is to continue to look at the house and don't hang on waiting for the bottom hunter every day. According to the scope of commuting or the scope of activities you like, first lock the second-hand housing sector, then look at as many communities as possible, choose the newest or better ones as targets, keep in touch with the intermediary, and pay attention to the housing situation of the community .



    Buying second-hand houses is mostly self-occupied properties, so you can wait and see if the market is down. If you have a favorite house and the price is relatively suitable, you can start...



    But he doesn't take the initiative to understand the market, and he doesn't want to run the market in person, just blindly follow others to shout slogans, and only hurt himself.

    zhttps://baijiahao.baidu.com/s?id=1713374778974884525&wfr=spider&for=pc

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