"Gold 9 Silver 10" A saying in the real estate industry is that September is the best month for property sales, followed by October, so the property market is called "Gold 9 Silver 10".
However, the property market's "gold nine and silver ten" may turn into "silver nine and gold ten" in the eyes of developers.
"Golden Nine and Silver Ten" seems to have become the inherent law of property market transactions.
In previous years, the "gold nine and silver ten" "stimulants" opened up the situation.
It is not difficult to see that some new projects are "all ready, all they need is the east wind", even if they are delayed, they will be delayed until the "Golden Nine and Silver Ten", while some new projects are working overtime to rush to the "Golden Nine and Silver Ten".
Extended information: "Golden Nine and Silver Ten" in financial terms: 1. For a long time, the securities market has tended to be relatively dull in the fourth quarter near the end of the year, because many market participants have been depressed due to factors such as closing accounts at the end of the year, withdrawing funds, and taking profits.
Leaving the market may cause the market to be relatively dull in the fourth quarter, and this adjustment and dullness is a good opportunity for funds to build positions.
2. As a result, some new funds will consider launching in September and October, hoping to take advantage of this relatively flat period in the market to complete the opening of positions as soon as possible and prepare for the next climax of the market.
According to statistics, the average returns of equity open-end funds established in September and October of the previous two years are indeed better than the same type of funds established in non-September and October.
3. Rather than saying this is a coincidence, it is better to say that it has something to do with the changing laws of the market.
If you talk about it from this perspective, there is some truth, but remember not to believe it all.