The Property Market In First-Tier Cities Is Getting Warmer

After the implementation of the policy of “easing mortgage rules for first-time home buyers”, the property market became warmer. Recently, the reporter visited the property markets of Shanghai, Guangzhou, Shenzhen, and other first-tier cities and realized that the property market is getting warmer, and the number of house viewings has increased significantly. In the second-hand housing market, the number of telephone consultations and appointment viewings of housing agency stores has increased significantly, while the number of housing listings has also increased significantly. Yan Yuejin, research director of E-House Research Institute, believes that the new policy has a significant boost to the market transaction volume, but developers should not over-hype. They should let buyers feel the high value of real estate subscriptions and seize the window period to accelerate destocking. Homebuyers are more willing to enter the market after the policy is clear, and with the arrival of the peak season in September and October, the second-hand housing market is expected to show an active trend.