The Limited Times

Now you can see non-English news...

Property market in 2021|Second-hand property transactions surpassed 60,000 transactions, soaring nearly 30% year-on-year, setting a 9-year high

2022-01-01T02:40:40.988Z


2021 is about to end. Looking back at the property market in the past year, trading has been quite active under the gloom of the epidemic. According to Midland Real Estate Data and Research Center Comprehensive Land Registry data, 2021 (as of December 30)


2021 is about to end. Looking back at the property market in the past year, trading has been quite active under the gloom of the epidemic.

According to data from Midland Real Estate and Research Center Comprehensive Land Registry, in 2021 (as of December 30) overall properties (including first-hand private buildings, second-hand housing, first-hand public housing, industrial and commercial stores, pure parking spaces, and others) will be registered A total of 95,833 cases were recorded, which is about 30.7% higher than 73,322 cases in 2020, a 9-year high; in terms of amount, it is about 913.3 billion yuan, which is about 45.3% higher than about 628.4 billion yuan in 2020, and has surpassed 1997. A high record of about 868 billion yuan, the highest in history.

It is worth noting that one registration of One Pacific Place was recorded in December, involving about 28.9 billion yuan. It is estimated to be an internal transfer case. Even if this case is deducted, the overall property registration amount still exceeds 880 billion yuan, still surpassing the 97-year high.

Liu Jiahui, chief analyst of Midland Realty, pointed out that in terms of housing alone, the number and value of both first-hand and second-hand housing will increase year-on-year in 2021.

According to information from the Comprehensive Land Registry, in 2021 (as of December 30) there were 60,144 second-hand residential registrations, an increase of about 28.2% year-on-year, a 9-year high; the second-hand registration amount recorded about 514 billion yuan, an increase year-on-year About 36.2%, a new high of 24 years after 1997.

Regarding first-hand private housing, excluding first-hand public housing, there were 17,446 first-hand private housing registrations in 2021 (as of December 30), with a value of approximately 226.6 billion yuan, an increase of approximately 13.4% and approximately 31.4% respectively year-on-year .

Liu Jiahui continued that it is worth noting that the registration amount of first-hand private properties temporarily hit the third highest in record time, second only to about 241.9 billion yuan in 2017 and 227.6 billion yuan in 19 years.

Source: hk1

All news articles on 2022-01-01

You may like

News/Politics 2024-04-08T13:06:00.953Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.