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

2022-01-02T04:42:09.648Z


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


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

According to Midland Real Estate Data and Research Center Comprehensive Land Registry data, 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 was about 30.7% higher than 73,322 cases in 2020, a nine-year high; in terms of amount, it reached about 913.3 billion yuan, which was about 45.3% higher than about 628.4 billion yuan in 2020 and surpassed about 868 billion yuan in 1997. Yuan’s high record is the highest in history.

It is worth noting that in December, a registration of One Pacific Place was recorded, involving about 28.9 billion yuan. It is estimated to be an internal transfer case. Even after deducting this case, the overall property registration amount still exceeds 880 billion yuan, which is still higher than 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 residential 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 nine-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, the number of registered first-hand private housing in 2021 (as of December 30) was 17,446, 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 set the third highest since record, second only to about 241.9 billion yuan in 2017 and about 227.6 billion yuan in 2019.

In 2021, 17,446 first-hand private property registrations were recorded, with an amount of approximately 226.6 billion yuan.

Property market outlook in 2022 | Wang Dunjing is optimistic about property prices rising by 5% Cai Zhizhong: No customs clearance, the property market will continue to be beaten. 2021 property market review | Shop Wang Deng Chengbo's deceased inner house serial sale of assets at Paviliazhuang Demolition and reconstruction of the property market in 2021 | Review of the 2021 property market | Top ten housing estates record 3,508 transactions, a record 7 New high-tech capital trading surged in the year

Source: hk1

All news articles on 2022-01-02

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