following beijing, shanghai, shenzhen, guangzhou in june 8th also officially adjusted the housing fund individual housing loan policy. so far, in the last year, the reserve fund policy fine-tuning, the first tier cities have been further collective deregulation of the use of provident fund loans.
in fact, the recent performance of the property market in the first tier cities can be described as quite eye-catching. may, beijing pure commercial housing turnover of more than 5000 units, a record high; shanghai and shenzhen residential turnover is about 150% year on year increase of about; guangzhou also has an increase of nearly 30%. the first 5 months, the first tier cities signed a total of 17.11 million units, an increase of 41%.
at the same time, the first tier cities in may prices rose is also particularly evident. among them, shanghai, shenzhen prices rose 2.68% and 2.32%, respectively, leading the country. beijing, guangzhou also rose by 0.18% and 0.15% respectively.
and in the first tier cities continue to a relaxation of the provident fund policy, the personage inside course of study to the "securities journal" reporter said that in the second half of the policy stimulation and may be further strengthened, including a more relaxed monetary policy. at the same time, the purchase of expectations has been reversed, is expected to first tier cities in the second half is likely to continue the current quantity and price rise trend.
guangzhou substantial relaxation of the provident fund policy
march 20 this year, ministry of housing and urban rural development minister chen zhenggao mentioned on the strengthening of the housing provident fund management teleconference, all localities should improve efficiency in the use of funds, housing provident fund has the potential to play, i hope around to better play initiative, adopt a variety of measures, the use of adequate housing provident fund.
then on march 30, the central bank, the ministry of construction, china banking regulatory commission three ministries jointly issued a notice, the housing policy adjusted first-time buyers provident fund loans the minimum down payment ratio of 20%, to have a set of housing and has settled the corresponding purchase loans workers paid into the family, in order to improve the population living conditions re apply for housing provident fund entrusted loans to buy ordinary from the housing, the minimum down payment ratio to 30%.
at that time, there are analysts pointed out that the three ministries notice, the final implementation of the effect, or to see the situation in each city. and more than 2 months later, the first tier cities policy landing work will be completed.
june 7, the guangzhou housing provident fund management center announced, since june 8 date, to apply for individual housing provident fund loans to buy the first set of ordinary from the housing workers paid into the family (including the borrower, spouse and minor children, the same below), the minimum down payment ratio of 20%, loan interest rates for individual housing provident fund loans benchmark interest rate. to have a house but no loan records or have a set of housing and has settled the corresponding purchase loans workers paid into the family, apply for individual housing provident fund loans to buy ordinary from the housing, the minimum down payment ratio to 30%. to have a set of housing but did not settle the corresponding purchase loan families, apply for individual housing provident fund loans to buy ordinary from the housing, the minimum down payment ratio of 40%.
market is expected to continue to heat up
in fact, before the guangzhou announced the adjustment of the fund policy, beijing, shanghai, shenzhen has completed the appropriate adjustments.
on april 3, shenzhen city housing provident fund management committee issued a notice, on april 7, shenzhen will be the implementation of the housing provident fund loans down payment policy headed suites shoufu lowest percentage of 20%; the purchase of two suites, shoufu lowest proportion of 30%. in april 15th, the shenzhen provident fund management center and the notice said, from today (april 15th), employee housing provident fund loans loan amount, from the original account balances increased by 12 times to 14 times, the adjustment is also applicable to the transfer of public service providers; in april 9th, the shanghai provident fund center issued a notice pointed out that the purchase of the first suite and two sets of ordinary housing provident fund loans to individuals and families of 50 yuan, 100 yuan, 60 yuan for additional housing provident fund ceiling, 120 yuan; in may 29th, beijing housing provident fund management center announced that from june 1st onwards, the first owner occupied housing loan policy, the minimum down payment ratio of 20%, the maximum loan amount is 120 yuan two suites; provident fund loans lowest shoufu ratio fell to 3, the maximum loan amount is 80 yuan, that the implementation of the provident fund loans housing loan does not recognize;
in response, the industry pointed out that since the second quarter of the city of a gleam of provident fund loans policy to relax and at the end of last year, the round are different, after the main is just need to the residential market to support the formation, and this round of policy not only stimulated the just need to market, there is a greater degree of support to improve the market, is conducive to the release of the whole market turnover.
centaline dawei, chief analyst, told the "securities journal" reporter said property red may have in the past, around the market in june, from the current perspective will continue the state of hot, especially in first tier cities, with the adjustment of the accumulation fund policy, the market is expected to continue to rise.
