This round of unexpected policy longtail effects, coupled with real estate companies' yearend performance sprint, will likely lead to a tailend rally in the real estate market in December.
Because on December 9, our important meeting demonstrated our determination to stabilize the real estate and stock markets, and emphasized that in we must launch a "combination punch" of policies to amplify the policy effects.
But does this mean we can be blindly optimistic?
Obviously the answer is no.
On the one hand, even if the economy picks up and the rebound is japan phone number list optimistic, it is a fact that the inventory of new houses is high, new residential construction is at a historical low, and the land investment of leading real estate companies has shrunk significantly compared with last year.
On the other hand, policies have marginal effects. The effects are significant at the beginning, but as time goes by, the market will gradually digest them and the effects will gradually weaken.
Although there will be many big moves in the real estate industry next year, such as continuing to lower the reserve requirement ratio and interest rates, continuing to loosen restrictions in the core areas of Beijing, Shanghai and Shenzhen, accelerating the transformation of urban villages, and speeding up the acquisition and storage of commercial housing, all the tools will run out sooner or later.