It is a foregone conclusion that house prices will fall after the epidemic in 2020.

It is a foregone conclusion that house prices will fall after the epidemic in 2020.

Is it true that the national housing price decline in 2020 is a foregone conclusion? We can look at the house prices after the 2020 epidemic from all aspects, and you will understand after reading it.

1, judging from the transaction price of second-hand houses nationwide in February 2020,

Judging from the transaction data of second-hand houses in February 2020, the transaction volume of most cities in February is declining, indicating that the property market is still undervalued.

However, the listing price of second-hand houses has risen and fallen. The listing prices of second-hand houses in Dalian, Zhanjiang, Ningbo, Zhengzhou and Xiamen are still on the rise. The listing price of second-hand houses in Nanjing, Beijing, Wuhan, Hangzhou and other cities shows a downward trend.

1, from the perspective of real estate development

Judging from the development of real estate, affected by the epidemic, few people talked about buying a house before and after the Spring Festival. We also know that the epidemic will not last for several hours in a short time, which leads to a very tight property market chain. So recently, people have also found a lot of promotional information about real estate, such as the online sale of houses by Evergrande, and an advertisement with a 75% discount.

3. From the perspective of market interest rate

Judging from the market interest rate, the current market interest rate is in a downward cycle. On February 20th, the price of LPR 1 period was 4.05%, and the price of LPR for more than five years was 4.75%. Compared with the monthly quotation of 65438+ 10, the quotations of 1 year and above 5 years are lowered by 10BP and 5BP respectively.

The commercial housing loan interest rate is formed by adding some points on the basis of LPR quotation. The reduction of LPR interest rate means that the mortgage interest rate in some cities may also be lowered, and the reduction of housing cost will stimulate housing demand to some extent.

4. Buy a house from limited loans in some cities.

According to the relevant documents issued by the Shandong provincial government on March 3, Jinan, Qingdao and other central cities will release the restrictions on settlement as soon as possible to ensure that all permanent residents who are willing to settle down hold residence permits. Two Zhongguancun in Tianjin have also relaxed restrictions on settlement and purchase. This is undoubtedly good news for those who just need to buy a house, and the demand for buying a house will increase.