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? Guangzhou released the reference price of second-hand housing transactions. Can housing prices really be halved?
On the evening of August 3 1, Guangzhou Housing and Urban-Rural Development Bureau issued a notice saying that Guangzhou will establish a reference price release mechanism for second-hand housing transactions from now on. Subsequently, Guangzhou Housing Policy Research Center released the reference price list of second-hand housing transactions in 96 residential quarters in the first batch of hot spots that night.

The reporter found that the transaction reference prices of several communities displayed on the intermediary platform are much higher than the official transaction reference prices. The market price 1.7 million is about 90,000, and the unit price is directly "halved".

Guangzhou Housing and Construction Bureau said that the reason for establishing the reference price release mechanism for second-hand housing transactions is to better implement the positioning of "houses are used for living, not for speculation", standardize the transaction order of the second-hand housing market, and promote the healthy and stable operation of the second-hand housing market.

Han Shitong, executive chairman of Guangdong Real Estate Research Association, pointed out that the main purpose of introducing the reference price of second-hand housing transactions in Guangzhou is to curb the overheated and excessive rise of second-hand housing prices. In addition, he pointed out that banks will use the official reference price of second-hand houses as a reference indicator for lending.

The reporter found that in addition to Guangzhou, recently, many cities in China, such as Shanghai, Xi 'an, Shaanxi, Chengdu, Sichuan, Sanya, Hainan, Dongguan, Wuxi, Jiangsu, Ningbo, Zhejiang, Wenzhou, etc., have successively introduced relevant measures such as the reference price of second-hand houses to control the inflated housing and increase the transaction price of second-hand houses.

Why did Guangzhou launch the second-hand housing reference price mechanism?

-an important measure to implement the requirements of real estate regulation and control and build a long-term mechanism for real estate.

According to the notice, the Guangzhou Housing Policy Research Center, based on the transaction price of second-hand houses in the past year, comprehensively considered the evaluation price, the transaction price of surrounding first-hand properties and other factors to form the reference price of second-hand housing transactions, and published it on the official website of Guangzhou Housing and Urban-Rural Development Bureau and WeChat WeChat official account in due course according to the market operation.

Guangzhou Housing and Urban-Rural Development Bureau requires that real estate agencies and real estate network information publishing platforms should conduct self-examination on listed houses and not publish second-hand houses with inflated prices. Relevant institutions involved in second-hand housing transactions should take the reference price of second-hand housing transactions as one of the reference bases for conducting business.

Guangzhou Housing and Construction Bureau explained that the purpose of issuing the Notice is mainly to establish a reference price release mechanism for second-hand housing transactions, implement real estate regulation requirements and build a long-term real estate mechanism, which is conducive to further enhancing the information transparency of the second-hand housing market in Guangzhou, providing market reference for second-hand housing transactions, standardizing transaction order and stabilizing market expectations.

In the list of reference prices of second-hand housing transactions in residential quarters in the first batch of hotspots, the reporter saw that there are 96 hotspots in Guangzhou, which are located in Tianhe District, Yuexiu District, Haizhu District, Panyu District and Huangpu District of Guangzhou.

What is the role of the official reference price of second-hand housing transactions?

Guangzhou Housing and Construction Bureau said that the reference price of this transaction is to guide real estate brokers and real estate network information publishing platforms to reasonably publish housing prices, and not to publish houses with inflated prices. On the other hand, it reminds the relevant institutions involved in the second-hand housing transaction that the transaction reference price should be taken as one of the considerations in conducting business and an important reference in the process of related business development.

Guangzhou Housing and Construction Bureau said that regarding the release of the reference price of second-hand housing transactions, the first batch of houses with active transactions in hot areas will be released, and the next step will be to continue to strengthen the monitoring and analysis of the operation of the second-hand housing market, and timely release the reference prices of transactions in other hot areas according to regulatory requirements and market operation.

Is there a big gap between the official reference price and the market price of second-hand houses?

—— In a residential area, the market price is 1.7 million, the official guidance price is about 90,000, and the unit price is directly "halved".

In the list of reference prices of second-hand housing transactions in the first batch of hot residential areas, the first price is Poly Xinyu Garden in Tianhe District, Guangzhou, with a reference price of 96,957 yuan/square meter; The second place is Huahuacheng Bay in Tianhe District, with the transaction reference price of 9264 1 yuan/square meter; The last one is Jinlin Mountain Villa in Huangpu District, with a transaction reference price of 28,056 yuan/square meter.

The reporter inquired about a second-hand housing trading platform and saw that the average reference price of second-hand housing transactions in Poly Xinyu Garden in July this year was 153838 yuan/square meter, while the average listing price this week (August 20 -26) was 16553 1 yuan/square meter.

A second-hand housing trading platform shows that the average reference price of second-hand housing transactions in Huachengwan in July this year was174,873 yuan/square meter, and the average listing price this week was192,404 yuan/square meter.

A second-hand housing trading platform shows that the average reference price of second-hand housing transactions in Jinlin Mountain Villa in July this year was 4548 1 yuan/square meter, and the average listing price this week was 47062 yuan/square meter.

Taking Huacheng Bay in Zhonghai as an example, we can see that the average transaction price of second-hand houses in this community in July this year is more than 80,000 yuan per square meter higher than the reference transaction price announced by Guangzhou Housing and Construction Bureau.

Guangzhou Housing and Urban-Rural Development Bureau said that the reference price of second-hand housing transactions announced by it is based on the average price of second-hand housing transactions in the residential area in the past year, taking into account the market evaluation price, the transaction price of first-hand real estate around the community and other factors to form the reference price of second-hand housing transactions in the residential area. According to the published reference price of community transaction, it will be updated in time according to the actual situation in the future.

Will this pattern continue?

-Expert: The introduction of second-hand housing guidance price will become a trend.

Han Shitong pointed out that the main purpose of Guangzhou's release mechanism of second-hand housing transaction reference price is to curb the overheating and excessive rise of second-hand housing prices.

"Whether the reference price of second-hand housing transactions is effective or not remains to be seen in the long run." Han Shitong pointed out that the reference price of second-hand housing prices had been introduced in Shenzhen and other places before, which triggered a certain degree of cooling in the second-hand housing market, and some even directly lowered the transaction price.

In February this year, Shenzhen Housing and Construction Bureau officially announced the establishment of a reference price release mechanism for second-hand houses, and released the guiding prices of 3,595 communities in the city.

Han Shitong pointed out that the reference prices of 96 hot real estate transactions released by Guangzhou this time may be fully covered in the city in the future, and the effect it can play remains to be seen. "But for some communities with relatively high housing prices, the inhibitory effect should be more obvious."

At the same time, he pointed out that banks will use the official reference price of second-hand houses as a reference indicator for bank lending. "The most likely outcome is that market transactions are one price and bank lending is another price.

Han Shitong pointed out that whether the current reference price of second-hand housing transactions is reasonable and scientific needs market verification and depends on the strength and intensity of further implementation.

He said that at present, many areas in the country where house prices have risen rapidly have generally adopted the practice of second-hand housing price guidance, and this trend has basically taken shape. "I believe that in the absence of guiding the price of second-hand housing, areas with rising housing prices will follow suit one after another, which has almost formed a situation, although the specific actual effect depends."

Extension: Measures such as reference price of second-hand houses have been introduced in many places across the country.

In fact, in addition to Guangzhou, recently, many cities across the country "officially announced" that they will establish a second-hand housing transaction reference price release mechanism.

In February this year, the Shenzhen Housing and Construction Bureau issued the Notice on Establishing the Release Mechanism of Reference Price for Second-hand Housing Transactions, saying that the release mechanism of reference price for second-hand housing transactions in Shenzhen was established, and on the basis of investigation and analysis, the reference price for second-hand housing transactions in residential areas in the city was formed, and it was regularly published on the official website of Shenzhen Housing and Construction Bureau, WeChat official account and Shenzhen real estate information platform.

Shenzhen Housing and Construction Bureau said that on the basis of investigation and analysis, Shenzhen Real Estate and Urban Construction Development Research Center comprehensively formed the reference price of second-hand housing transactions in Shenzhen residential quarters based on the online price of second-hand housing and referring to the surrounding first-hand housing prices, and released the reference price of second-hand housing transactions in 3,595 residential quarters in Shenzhen according to the principle of full coverage and regional grid.

Shenzhen Housing and Construction Bureau said that releasing the reference price of second-hand housing transactions is conducive to increasing the information disclosure of second-hand housing transactions, guiding rational market transactions, helping real estate brokers to reasonably release listing prices, helping commercial banks to rationally issue second-hand housing loans, preventing and controlling personal housing credit risks, and stabilizing market expectations.

Since then, Shanghai, Xi, Shaanxi, Chengdu, Sichuan, Sanya, Hainan, Dongguan, Guangdong, Wuxi, Jiangsu, Ningbo, Zhejiang, Wenzhou and other cities have successively introduced relevant measures such as second-hand housing reference prices to control the inflated housing and improve the transaction price of second-hand housing online.

On August 24th, Wenzhou, Zhejiang issued the Notice on Further Strengthening the Management of Commodity Housing Sales, which included six measures to strictly control housing prices from the aspects of land auction, new commodity housing sales and second-hand housing transactions.

According to the notice, Wenzhou will establish a linkage mechanism between housing prices and land prices. According to the regional housing price level, market supply and demand, price index, etc. Guide enterprises to reasonably determine the sales price and maintain the stability of house prices. Through the linkage measures of house price and land price, such as "limiting house price, limiting premium and competing land price", we will guide market participants to rationally take land. At the same time, it puts forward clear requirements for the quality of residential buildings and the project cost of newly leased land.

Wenzhou Housing and Urban-Rural Development Bureau said that it will establish a release mechanism of second-hand housing transaction reference price, focus on monitoring the transaction price of second-hand housing in hot residential areas, and implement the application of transaction reference price in finance and credit.

At the same time, strengthen the disclosure of second-hand housing price information, improve the transparency of second-hand housing prices, guide rational market transactions, intensify law enforcement inspections, severely crack down on illegal activities and market chaos such as market price manipulation, inflated listing prices, and bid up prices, and effectively regulate the trading order of the second-hand housing market.

Beijing News reporter Xu Huimei