What is the current situation of Xuancheng's high-end real estate market?

Houses are also graded, which can be distinguished by the building type of the house. Generally, the houses in single-family villas must be of a higher grade, and the high-rise ones will be of a lower grade. Of course, it also depends on the brand of the developer. You can learn about it before buying a house. This article will tell you which neighborhood in Xuancheng is the most upscale. What is the current situation of the real estate market?

Which community in Xuancheng is the most upscale?

At present, there are only a few projects on sale in Xuancheng property market. Now there is Evergrande Emerald Hua Ting, a world-famous building for sale in the south of the city, and a relatively high-end community, Xuancheng Peach Blossom Garden.

What is the current situation of the real estate market?

1. After the spring of this year, mortgage interest rates in many places rose. For the first home loan interest rate, most banks in Beijing are still maintaining the lowest interest rate of 1.05 times the benchmark interest rate, but some insiders bluntly say that there are not many people who need it, and the most common one is the benchmark interest rate 1. 1 times. In other news, CITIC Bank confirmed that it would suspend personal housing mortgage loans of more than 2 million yuan in Beijing.

2. Judging from the land market in the past two months, there have been many cases in Beijing, Nanjing and other cities where land was sold at low or reserve prices. The data shows that the land premium rate of first-tier cities and other hot cities has been maintained at around 10%, which is significantly lower than the average premium rate of-17 years of 30%. At the same time, due to the continuous tightening of the real estate market, enterprises are generally facing financial pressure, and the phenomenon of grabbing land at high prices in the past is rapidly decreasing.

3. According to the official data of the Bureau of Statistics, by the end of 17, the area of commercial housing for sale in China had dropped to 589 million square meters, down by 15.3% year-on-year, and down by 20% from the peak of 740 million square meters in 16. At present, the inventory has returned to the level at the end of 14. Among them, the area of commercial housing for sale has dropped to 300 million square meters, down 25% year-on-year, down 34% from the peak of 470 million square meters in 16, and has dropped to the level at the end of 13.

4. De-leveraging and debt reduction are the biggest challenges facing housing prices. In the past 10 years, China's real estate industry experienced three boom cycles, and China's housing prices experienced three rounds of skyrocketing in 2009-10,12,13, 16- 17, which just corresponded to the situation. After three rounds of deleveraging, the total debt ratio of China's economy doubled compared with 2008, which was close to the level before the US financial crisis, so it had to start deleveraging.