Weekend property viewing appointment increased, turnover is still low adjustment is expected to be unfinished
Article from Price index rose for two weeks, coupled with longer see high turnover, the property market has shown signs of stabilization. Used prices reflect the overall trend of the Centa-City Leading Index (CCL) latest reported 118.79 points, up 0.18 percent by week, for the second consecutive week, rebounded, is also the fifth consecutive five weeks wandering in the 118 point level. Industry pointed out that the market liquidity, low interest rate environment the owners put more strength to be a good price, although the government's "moves" plus the bank to raise mortgage rates, but the owners continue to bid hard net, prices found support. Benefit from the overall market sentiment improved, second-hand housing estates this weekend reservation property surveys rose from 0.6 to 3.8%.
Centaline Senior Research Associate Director Liang-l mean, CCL for 5 weeks at 118 points to 119 points between narrow range. Check CCL information historically high prices appear in mid-March, when it was 123.66 points, compared with the latest data, prices edged down 3.9 percent during the period. But he believes that although property prices bottomed signs, but the property market turnover is still low, I believe that prices adjust is not over yet.
Buyers re-enter the market to stabilize the property market is an important force support, multiple estates month turnover increased significantly, "high" transaction appears again, indicating that the market has started to digest some unfavorable factors, prospective buyers into the market faster. Fortune Zhongyuan Zhao said blue-chip estate Taikoo Shing Hong Kong Island recorded 23 transactions in May, surpassing March and April combined. As Mei Foo Sun Chuen, Hong Kong Property I Bo said this month about 15 transactions recorded in suspense, fast approaching the last full month of about 18.
Harbour Place is now "broke the top" Transaction
Hung Hom Harbour Place a sea level rise G, households, recently reached a new unit of the same type of high turnover. MIDLAND REALTY Chan Sau refers Saleable area of about 593 feet, the buyer of about 8.2 million yuan into the market, practical foot price of about 13,828 yuan. Kwan Yick Building, Sai Ying Pun high price of 3% is also traded unit, unit 2 4 Middle Floor, Block A, usable area 391 feet, the agent refers to the unit for more than two prospective buyers bid competition, and ultimately to grab high property prices 3.77 million yuan changed hands, feet salable area of 9,642 yuan price.
Midland Group Executive Director and Group Chief Executive Officer Chan Kwan Hing residential unit refers to second-hand demand has picked up recently, the overall market sentiment. According to MIDLAND REALTY Statistics Branch, 15 secondary indicators estates this weekend appointments property surveys recorded 1,537 groups last week rose about 3.7%, a new high for the 16 weekend, in which notable increase in housing estates in Kowloon, the New Territories due sale new disc caused relatively minor increases.
MIDLAND REALTY: Taikoo Shing arrange a site visit rose 9%
The bank index estates on Hong Kong Island 4 weekend arrange a site visit about 480 groups continued to rise by about 4.3 percent weekly, showing prospective buyers into the market ready. MIDLAND REALTY Shiyan Ming said that just to be gradually released, Taikoo Shing Appointment property surveys picked up outside, the estate more recently almost "every day there is turnover," and Taikoo this weekend appointments property surveys to about 120 groups, late last week rose approximately 9.1%.
Centaline Asia Pacific president, Mr Chan said that residential, single-handedly supply more than the current market, the market for secondary trading is still the dominant buyer concentrated in the secondary housing estates seeking comfort zone, so that property surveys continue to run rampant. Ten estates Plains Saturday, Sunday recorded 880 groups arrange a site visit, week rose 0.6 percent, believe that when the June primary new supply gradually return, market purchasing power was able to disperse.
In addition, Ricacorp also estimated total territory 50 indicators estates 2,335 flat inspection group of customers booking weekend, weekly increase of 3.8%; ten indicators estate is tired recorded 880 groups arrange a site visit customers, an increase of 3% by week, the trend comparable with the big city.
