2023-06-08-世联行-惠州2023年第21周房地产市场周报_20页_1mb

Huizhou Real Estate Market Summary - Huizhou (Yuedong) World United Real Estate Strategy Center - 2023 Week 21 (May 15-21)

This summary analyzes the key market trends, data points, and news relevant to Huizhou's real estate sector for the week ending May 28, 2023. It covers land transactions, new supply, sales performance, inventory levels, and noteworthy developments.

Land Market

• Supply and Transactions: The market saw a significant decline in land挂牌and成交. For the week, only 1 operating land plot was released, with a supply area of 2.00万平米 and value of 0.25亿元, both down sharply year-on-year. Conversely, 4 plots were sold, covering 3.55万平米 with total value 0.54亿元 (环比 and同比 declines noted). Cumulative data over 21 weeks show varying trends in residential and commercial land releases.
• Distribution: Land plots were concentrated in industrial zones, with minimal residential releases in this period.

New Supply and Sales Performance

• Pre-sale Permits: This week, 4 new pre-sale certificates were issued, approving 3.30万平米 (388 units) of commercial property and 2.45万平米 (233 units) of residential units, both showing large year-on-year declines.
• Online Registration: Sales volumes surged week-on-week, with 3,095 total property units (up 81.21% year-on-year) and 27.09万平米 area (up 62.70%) registered during the week. Residences saw specific increases in districts like Zhongkai and Daya Bay.
• Regional Breakdown: Key areas drove growth, with Zhongkai leading in unit registrations and Daya Bay in residential sales. Average household size per unit decreased slightly in some zones.

Inventory Levels

• Supply and Sales Ratio: As of May 28, Huizhou has 152,446 residential units available, totaling over 16 million平米. At the current sales pace (about 14.5万平米 per week), it would take approximately 111 weeks to clear inventories.

Key Market Insights for Huizhou

• Sales data indicate strong localized demand recovery, particularly relieved by government measures against irregular sales tactics. Harsher restrictions on首付贷and zero首付 prevent market distortion.

One-Week National and Key Provinces News

• LPR Holds Steady: Interest rates unchanged for 10 months, impacting mortgage costs.
• Housing Policies: Focus on elder care facilities and refinancing adjustments across multiple provinces like Shanxi, Henan, and Guangdong.
• Market Dynamics: Declines in sales volume nationwide contrasted with localized surges, showing segmented recovery influenced by policy adjustments.

Broader Implications

• Challenges in addressing demand gaps between urban and rural areas, along with regulatory actions to stabilize markets following high-profile issues in developers like Evergrande and luxury sectors.