What do you think of the house prices in eight provincial capitals falling back to a year ago?

As for the eight provincial capital cities, the house price has dropped back to a year ago. I think there are many factors that affect the house price. If investment is needed, it depends on the vitality of a city and the potential space for future planning. The greater the space, the greater the development potential.

The National Bureau of Statistics announced the changes in the sales price of commercial housing in 70 large and medium-sized cities in June 2020. According to the data, among the 35 key cities, 24 cities increased year-on-year, with the largest increase in Shenzhen, and the house prices in 1 1 city decreased year-on-year. 1 1 Among the cities, there are eight provincial capital cities, Tianjin, Chongqing and Qingdao, among which Tianjin has the largest decline, ranking first, and Zhengzhou ranks first among the provincial capital cities.

According to experts' analysis, the decline in housing prices in these cities is partly due to a large number of land sales and excessive speculation in the early stage, which led to oversupply in the market. Moreover, the land supply structure of some cities does not match the market demand, or the matching degree is relatively low, which leads to a certain area not being the main target of improved demand, so some houses are relatively tight, and some do not arouse everyone's desire to buy, which increases the difficulty of sales. The reason behind it is economic development, and the overall economic vitality of some cities is low.

However, in developed areas such as the Yangtze River Delta, on the contrary, in recent years, high-tech industries and emerging industries have developed rapidly, and innovative high-level talents have flooded into this city, and the overall economic vitality has soared. The permanent population of Shenzhen is increasing, most of which are migrants. Is this considered to be? Immigrant city? . The population is also younger, with an average age of under 35, and there is a demand for home ownership. Overall, housing prices in Shenzhen are on the high side. On the one hand, due to this strong demand, residential land is always in short supply. Now that house prices are falling, it is also a good thing for people who have the desire to buy a house. But for investment, it depends on the vitality of a city, not only on the short-term ups and downs, but also on the future planning potential space to find investment with great development potential.

The above is about the view that house prices fell back to a year ago.