2022 housing market trend

The end of the year is approaching, and many new policies have been added this year, but the implementation of real estate and one tax 2.0 has not reduced buying sentiment. On the contrary, the impact of inflation and low interest rates has also increased the willingness to buy a house, but what will happen next year? When the policy comes out, we have to continue to observe. Let's take a look at the major factors affecting house prices this year

1. Outbreak

Due to the outbreak of the epidemic, Taiwanese businessmen who were originally in other places have successively returned to Taiwan to buy properties

2. Low interest rates from banks

The interest rate from 5 to 10 years ago may have been 2% to 5%. In contrast, the current interest rate for the first purchase is only 1.3%, and the loan can be extended to 30 years, which is relatively easy to repay.

3. Inflation effect

The effect of global inflation, rising prices, for all to see

4. The stock market has soared

The repatriation of overseas funds indirectly affects the growth of the stock market, and the profits of the stock market are transferred to the real estate, which also causes the rise in house prices.

5. Lack of work and materials, the cost of raw materials increases

The raw materials have already become more and more expensive, and now more and more houses are built, which makes it difficult to hire workers, and now few young people want to work on the construction site

Six capitals transfer annual growth rate

At present, taking Liudu as an example, the number of transferred buildings up to November 2021 has increased by 7.1% compared with last year. It can be seen that due to the influence of TSMC and the rise in housing prices, a large number of people have run to the south to buy properties. Compared with the housing prices in the central and northern parts, the prices in the south are relatively low, and because the prices in the egg yolk area are relatively high, more people will enter the protein area, which will gradually increase the housing prices in the protein area.

In the housing market next year, the All-China Federation of Trade Unions pointed out that if the hoarding tax is to be expanded, more than five households should be taxed, and it should be suggested that the government should maintain a low-interest environment and help young people buy houses for the first time.

In conclusion, the boom in home buying in 2021 stems from factors such as inflationary effects, a surge in global stock markets, and low interest rates. However, the buying interest in 2022 may also be due to these factors that will make the protein area rise more than the egg yolk area. Overall, the market may only rise slowly next year and not fall. It will still focus on the southern real estate market. How much it will increase depends on whether there are new policies and whether there will be large companies setting up factories in the south.

For the mainland market~

The mainland real estate market ushered in two major decisions in one day, such as promoting the construction of affordable housing and reducing the deposit reserve ratio by 0.5 percentage points . The news came and affected the purchase of a house. Experts analyze that some developers will increase their efforts to push cases due to tight funds and sprint scale performance at the end of the year, and the phenomenon of discounts and promotions will also increase.

A researcher from Shanghai E-House Real Estate Research Institute said that the central government has released easing signals intensively recently, but judging from the time when previous policies are transmitted to the market, there is often a lag of about half a year. The adjustment of taxation and taxation laws in mainland China, and the establishment of taxation and taxation systems are the responsibility of the legislature, that is, the National People's Congress. If it is necessary to adjust the taxation laws or introduce a brand-new law, the process will take 3 years, 5 years or even longer. When the holding cost is greater than the investment income, some idle properties will return to the market, which will play a role in stabilizing the market price on the premise of increasing the supply.

On the whole, it is difficult to reverse the trend of new house transaction volume in 40 mainland cities in the next three months, and will continue to bottom out. There will be more and more selling waves