National top-level policies continue!
Housing and Urban-Rural Development, Finance, Household and Urban-Rural Development, Finance, Household 3 departments of the central bank jointly Save the market !
introduces measures to promote the "security and delivery of buildings"
Nearly 20 real estate companies made profits in the first half of the year!
Central Bank’s big cuts interest rates 15bp, with a minimum mortgage interest rate of 4.1%!
The market trend of the real estate market has been set and it is about to be reborn from the ashes!
National top-level policies are constantly
Complete support for housing, interest rate cuts, funds, etc.
Recently, there are really all kinds of good news for the real estate market, among which the top-level policies of the country are one after another. This time, the central government has really put in a lot of effort and has provided corresponding support to all aspects of the current market.
Let’s look at what measures are there:
, housing and construction, finance, and the central bank jointly issued measures to ensure the payment of housing
8 On August 19, CCTV News reported that the Ministry of Housing and Construction, the Ministry of Finance, the People’s Bank of China and other relevant departments recently issued measures to improve the policy toolbox, and supports the construction of residential projects that have been sold overdue and difficult to deliver.
In the past two years, because some real estate companies have long relied on the development model of with high debt, high leverage and high turnover, under the pressure of the market, has poor sales collection and problems with the capital chain, resulting in many projects being suspended or overdue delivery of .
Now zf also found that real estate companies are the responsible entities for guaranteeing the payment of buildings. Therefore, the three departments jointly introduced measures to use special loans to leverage the resumption of work of unfinished buildings and follow up on bank loans.
. Many real estate companies issued profit warnings. Nearly 20 real estate companies made profits
According to statistics from market research institutions, as of August 21, about 80 real estate companies had their performance forecasts for the first half of the year, of which about 20 were profitable.
Among them, Country Garden net profit is .5-5 billion yuan, Financial Street net profit is 1.09-1.27 billion yuan, Poly Development net profit is 10.721 billion yuan, China Merchants Shekou net profit is 1.5-2.1 billion yuan ...
Looking at the entire market, next, the number of companies with profit warning will continue to increase. Although most of them are in a loss state, there are also many real estate companies that have achieved profitability.
And, according to various signs now, the market is recovering, and the real estate industry is gradually building .
, 8 real estate companies received bond issuance credit enhancement support
htmlOn August 19, it was reported that China Interbank Market Dealers Association once again convened a symposium of several private real estate companies to discuss supporting private real estate companies to issue bonds financing through China Bond Credit Enhancement Investment Co., Ltd. credit enhancement support.
The official official account of China Bond Credit Enhancement Investment Co., Ltd. also published an article on the 19th to help Midea Real Estate supply chain issues.
According to Pengpai News , The first batch of 8 real estate companies have obtained the first batch of credit enhancement support for bond issuance pilot. In addition to Longfor Group, Jindi Group , Country Garden, Xuhui Holdings, Xincheng Holdings, and Ocean Group , two companies with better qualifications, Midea Real Estate and Binjiang Group are also listed.
This time, after receiving the support of China Bond Credit Enhancement Company , the risks of their own will be greatly reduced, allowing real estate companies cash flow to be alleviated, ensuring the safety of excellent private enterprises.
, the latest LPR of the central bank was announced, with a 5-year LPR of 4.3%, a decrease of 15bpp
mortgage interest rate hit a record low of 4.1%
htmlOn August 22, the latest LPR of the central bank was announced, with a -year LPR of 3.65%, and a LPR of more than 5 years was 4.3%. Compared with the previous issue, decreased by 5bp 1 year ago and a 5-year LPR of 15bp.
This means that the mortgage interest rate can be at least 4.1%. Let’s try to calculate the mortgage interest rate of 1 million, 4.25%, for 30 years, the monthly equal repayment is 4919.4 yuan, and the total interest is 770,983.6 yuan; if it is replaced with the latest 4.1%, then the monthly repayment is 4831.98 yuan, and the total interest is 739,514.14 yuan.
saves: 1469.46 yuan!
It can be said that this is the best good news for home buyers. After all, what home buyers are most concerned about is the cost of buying a house. Now the cost of buying a house has decreased, allowing more people who want to buy a house to buy it.
5 and 17 departments jointly issued a document that housing policies are tilted towards families with multiple children
htmlOn August 16, the National Health Commission issued the "Guiding Opinions on Further Improving and Implementing Active Reproductive Support Measures ". It is worth mentioning that this document is jointly promoted by 17 ministries and commissions including the Health Commission, the Ministry of Education, the Housing and Urban-Rural Development Bureau, the People's Bank of China, the Medical Insurance Bureau, the Women's Federation, etc.
It can be seen that the country attaches great importance to it in terms of active childbirth.
In addition, it is clearly stated in the document that families with multiple children who do not own homes and rent housing in the city of deposit and who have rented housing can withdraw housing provident fund according to the actual rent expenditure; for families with multiple children who purchase the first self-occupied housing, cities with conditions can provide appropriately increase the housing provident fund loan amount and other relevant support policies .
This policy is mainly , which is reflected in Provident Fund Loan , preferential policies for housing purchases, etc. In the future, more housing policies will also be tilted towards families with multiple children. The optimization of housing policies will inevitably have a positive impact on population size and family structure.
It can be said that the central government has really made a lot of money to real estate this time, and has introduced corresponding policies in all aspects to make the market better and directly contribute money. Compared with local governments, central policies have greater stimulation to the market and the market situation is being reversed.
Actively rescue the market
Real estate is still positive
A series of central government rescue policies will have a certain impact on home buyers, developers and projects, restoring confidence, helping deliver, reducing the cost of buying a house, etc.
. Restore the confidence of developers and home buyers, so that developers dare to acquire land, and home buyers dare to buy houses
The biggest problem in the market at present is the confidence in the market. For home buyers, they dare not enter the market because of concerns about delivery and unfinished issues; for developers, they dare not acquire land because of capital issues.
Now, whether it is "guaranteeing the payment of the building", interest rate cuts, bond issuance and credit increase, etc., it is all to enhance market confidence.
. Rescue for difficult delivery and expected residential projects, so that home buyers can get houses with quality and quantity
In July this year, due to the restriction of project suspension and loan cuts, the risks of "security for delivery" was written into the Politburo document for the first time.
After that, the central government has also introduced many policies to address this problem, resolving the problems of real estate companies, so that real estate companies can deliver steadily, and buyers can get the house with peace of mind.
. Reduce the cost of buying a house, reduce the mortgage interest rate, so that more people can buy a house
This year, the central bank has cut interest rates many times, and this time it was even more unexpected. The 5-year period has dropped by 15bp, reaching 4.3%. You should know that since 1991, LPR has not been so low.
. With the decline of LPR, mortgage interest rates have also declined. Currently, the lowest is only 4.1%. Such interest rate also refreshes history.
For home buyers, the cost of buying a house has been reduced, which is the most substantial benefit.
Looking ahead, with the relaxation of the central government, Fangguan believes that local regulatory policies are expected to continue to be relaxed, and more exciting policies may be introduced in various aspects such as purchase restrictions, loan restrictions, sales restrictions, Provident Fund , housing subsidies, etc.
