Hundred House prices picked up for 6 consecutive months Shenzhen jumped 32 7

Judging from the year data, 100 cities across the country (new) house price up 2.07% from a year earlier.

Hundred residential average price rose per cent for 3 consecutive months.

According to China index Academy on November 1 hundred price index in October, 100 cities across the country (new) residential average price of 10849 Yuan per square meter, per cent (compared with the previous month) rose 0.3% rose last month to expand 0.02%.

In May this year after prices rallied, hundred residential property prices have been rising for six consecutive months from the. Per cent (earlier), experienced after ten consecutive months of decline, has showed a trend of rising for three consecutive months. GE wenyao start up fashion industry venture I

Judging from the year data, 100 cities across the country (new) house price up 2.07% from a year earlier, up from the previous month to expand 0.71%.

Ten cities, including Beijing, Shanghai (new) residential price 20191 Yuan/sq m, rose 0.65%, rose last month to expand 0.15%; rose 6.65%, rose last month to expand 1.01%.

In the first-tier cities, Shenzhen prices rose 32.66%, top; Shanghai up 12.21% 6.44% per cent in Beijing; prices fell 2.56% in Guangzhou.

Shenzhen regardless of the year also is the chain, rose is listed in the first place.

The China index Academy believe that in October, steady rebound of the property market, hundred chain price index, compared to continue to double up, and rose has been extended.

See the number rise and fall from the city in October, 48 cities rose, 52 cities home prices fell. Compared with the previous month, prices in October Rose City has reduced the number to 11.

According to the statistics of the China index Academy, per cent fall in house prices in the top ten cities were: Dalian, Nanning, Taizhou, in Jilin province, Jinhua, Luoyang, Qinhuangdao, Lianyungang, heze, Sanya. Among them, Dalian, Nanning, Taizhou, decreases in 1.7%, China-2.5%.

This year, the people's Bank of China has 6 consecutive drop, 5 interest rate cuts. The industry believes that continued loose monetary policy makes a lot of money that goes to market, will inevitably push asset prices higher.

Central banks cut interest rates announced on October 24 0.25%, and 0.5%, for buyers, housing costs lower. In accordance with the calculation of turbulent news, with a loan of 1 million and 20 paid, repayments equivalent calculation, after the cut, the sum of monthly mortgage repayment of nearly thousands less than a year ago.

Two-child policy is considered positive to improve housing needs.

Shanghai Zhongyuan research and consulting Senior Manager, Carol Gong said: take Shanghai for example, prices in October are high, while volume remained strong. Prices rise and supply and structure, 9-October the supply greatly increased as well as the high price of housing increased in effectively promoting the rates up. Visible despite the price rise was mainly driven by the transaction structure, not irrational price rises. Timing and beginning in November is the real home buyers in the last quarter.

Carol Gong said near the end of the, there will be some sales not so good real estate companies will take larger discounts to cope with capital back into the problem, Amoy at this time may be able to find some great products. From a long-term perspective, from the angle of economic demand and judge the future Shanghai and Beijing housing prices still have room to rise and power.

Housing analysts say prices may become the primary factor in first-tier cities filter quality. Due to limited land resources in first-tier cities, when after an influx, prices will keep rising until the general population difficult to match. By then, as there is no professional skills, remuneration cannot meet the daily demand of consumption and housing, number of non-talent influx of population to cities or will collapse, and then turn to second-tier cities.

China index Research Institute reports that in October as "Silver Cross" traditional peak of the property market, pushing housing prices rallying, plate increased sharply in key cities, and continued accommodative policy environment, the demand will continue to grow steadily released. Price point of view, still divided in different cities, hotspots or will continue to steadily rise in prices, while inventory pressure the city to remain stable and even decline.