The property market will be deeply adjusted. Can ordinary people afford the housing in Shenzhen this year?
Shenzhen is the weather vane of the national property market. During the period from October 2014 to March 2016, the house price continued to rise for 18 months and the increase rate reached 90%, but this situation has been broken. In 2016, with the frequent changes, the trend of the Shenzhen property market in 2017 has become a new topic of national concern.
In 2016, the biggest attraction of the Shenzhen property market is the strong control of the “two-year two-year policy”. Whether it is in compliance with market cyclical adjustments or policy adjustments, 2016 is the beginning of the structural adjustment of Shenzhen's property market. In 2017, this adjustment will be deepened.
The madness of Shenzhen's housing prices soared in March 2016. At that time, the “3.25 New Deal” introduced the purchase of social security for one year to three years, cracking down on the form of down payment, and restraining excessive investment demand in Shenzhen.
Since then, the Shenzhen property market has been caught in the wait-and-see, housing prices have maintained inertia, but the volume has been suppressed. Shenzhen Zhongyuan has done this analysis and believes that the market's ability to digest this policy is 2 months. Two months later, the Shenzhen property market resumed its upward momentum and rushed to a historic peak again in September. The average transaction price of new homes was close to 60,000 yuan/square meter.