[today's property market] after Xiamen talks about the rental hot area "second landlord" and "three red lines", housing enterprises are generally downgraded.

Published: Apr 29, 2021 11:16
Source: SMM

[Xiamen talks about the rental hot area "second landlord": cannot raise prices together] according to the official WeChat message of Xiamen Housing Security and Housing Administration, in order to comprehensively strengthen the supervision of Xiamen housing rental market and prevent and defuse market risks, yesterday afternoon, the Municipal Housing Bureau, in conjunction with the Municipal Public Security Bureau, the Municipal Market Supervision Bureau, and the Municipal Law Enforcement Bureau, Interview 60 "second landlords" in key areas where the contradiction between supply and demand is prominent, rents are rising rapidly, and the masses reflect strongly.

[after the "three red lines", there is still a risk of "off-balance-sheet liabilities." the power of the new rules of the "three red lines" is showing in real estate enterprises, at least in their financial statements in 2020. According to Carey statistics, from the financial situation of 67 listed housing companies that have disclosed their performance reports, short-term interest-bearing liabilities have declined for the first time in five years compared with the same period last year, and more than 60% of the real estate enterprises' net debt ratio has declined. Through adjustment and optimization, 15 housing enterprises were successfully reduced to green by the end of 2020. This collective shift has not allayed investors' concerns. It is generally believed that the financial statements of real estate enterprises have more room for operation, and the real debt situation of real estate enterprises can be hidden to a certain extent through off-balance sheet financing and non-consolidated projects, which is where the risk lies.

[Guangzhou regulates the order of the property market: crack down on housing prices, false sales, etc.] according to the website of the Guangzhou Housing and Construction Bureau on the 28th, the Guangzhou Housing and Construction Bureau held a public commitment activity and policy publicity meeting of real estate intermediary service agencies. report the outstanding problems and typical cases existing in the real estate intermediary industry in Guangzhou in 2020, and investigate and deal with the chaos of real estate agents in the city since the beginning of this year. Since the beginning of this year, the housing and construction department of Guangzhou has organized 231 real estate market inspections, inspected 576 intermediary agencies, and issued 47 rectification notices. From mid-April to mid-July, the municipal housing and construction department will carry out a three-month special joint action to rectify the order of the real estate market throughout the city. we will severely crack down on unlicensed sales, driving up housing prices, false sales and 18 key rectification actions of real estate development enterprises and intermediary agencies, vigorously rectify and standardize the order of the real estate market, speed up the improvement of the supervision system after the event, and improve the linkage mechanism of real estate market supervision. We will seriously investigate and deal with the violations of laws and regulations of real estate development enterprises, intermediary agencies and leasing enterprises.

[report: home purchase confidence in first-tier cities: more than 60% of home buyers delayed buying due to regulation and control] the report on the 2021 Consumer Home purchase confidence Index (the following report) points out that consumers' home ownership confidence is optimistic as a whole. The index distribution shows the characteristics of regional differentiation and population differentiation. Consumers aged 25-29 and 30-39 years old have higher house-buying confidence than other age groups. It is reported that the index integrates consumers' subjective feelings about the current housing price affordability, purchase timing, house price expectations, policy expectations, and future economic trends, and weighs the consumer home purchase confidence index, reflecting consumers' confidence in the real estate market. It is an index to predict the volume and price of the short-term market in the future. The value of this index is between 0 and 200, 0 indicates no confidence at all, 200 indicates complete confidence, when the index value is greater than 100, it shows that consumers are optimistic about the future market and are more likely to take actual home purchase behavior.

On the evening of the 28th, the home released its annual report for 2020 and the first quarter report for 2021. According to the annual performance report, during the reporting period, the company realized operating income of 8.993 billion yuan, down 2.56% from the same period last year, and realized net profit of 1.363 billion yuan belonging to shareholders of listed companies, down 56.81% from the same period last year. Net profit belonging to shareholders of listed companies after deducting non-recurring profits and losses was 1.269 billion yuan, down 39.37% from the same period last year, and basic earnings per share was 0.22 yuan. It is proposed to distribute a cash dividend of 0.52 yuan (including tax) for every 10 shares to all shareholders.

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