according to the Voice of Economy of the Central Radio and Television Station, World Finance and Economics. Shandong, Anhui, Henan and other provinces have stated that they will pilot the sale of existing houses. Industry insiders said that the pre-sale system of commercial housing, which has been implemented for many years, has come to a time of change, and the sale of existing houses is the future trend.
Recently, the Henan Provincial Conference on Housing and Urban-Rural Construction made it clear that Zhengzhou and Kaifeng should be taken as pilot projects to actively explore the reform of pre-sale system and the sale of existing houses. Prior to this, Shandong, Anhui and Sichuan also explicitly proposed to carry out pilot sales of existing houses. Zhang Dawei, chief analyst of Central Plains Real Estate, believes that the sale of existing houses is a major trend in the future.
"In the initial stage of the real estate market, in order to speed up the development and reduce the capital pressure of the real estate enterprises, the auction sales were launched.". Now, as the real estate market enters a new platform period, these basic market factors that encourage the rapid development of the real estate market no longer exist, and the sale of existing houses will better protect the rights and interests of buyers. On the whole, whether it is the demand of home buyers, market expectations, or the direction of future policies, it represents that there will be more and more sales of existing houses. At present, the sale of existing houses is only a pilot project in big cities, and with the further development of the real estate market, this trend will become more obvious after 1935. Zhang Dawei said. The sales of existing
houses and the pre-sale system of commercial housing are two different sales methods. Xianfang sales is to hand over the money and hand over the room; pre-sale is to hand over the money first and then deliver the room. Industry insiders said that under the condition of pre-sale system of commercial housing, land acquisition starts to sell in a short time. Compared with the longer construction period needed for the sale of existing houses, real estate development enterprises can withdraw sales funds early and shorten the loan term, which is conducive to reducing capital costs and improving development efficiency. But at present, the era of the overall shortage of commercial housing in China has basically ended. Sales of existing houses are more conducive to safeguarding the rights and interests of buyers. Yang Hongxu, vice president of
Shanghai Yi Ju Real Estate Research Institute, said: a few years ago, the whole island of Hainan began to implement the sales system of existing houses, and the pre-sale of futures houses withdrew from the historical stage of Hainan. At present, many provinces and cities across the country are also brewing or have started pilot projects, which is a gradual exit process. Sales of existing houses are conducive to safeguarding the rights and interests of buyers, basically avoiding the phenomenon of house shutdown after individuals buy houses, which is a major positive for consumers.
Yang Hongxu believes that the sale of existing houses poses a challenge to the operational capacity of real estate development enterprises, which will also affect the pattern of the real estate market.
"In the past, the pre-sale of futures houses meant that about half of the houses were built, and the housing enterprises could withdraw funds, and the development and operation costs of enterprises were relatively low.". After the implementation of the sales system of existing houses, from the development, sale of houses to the withdrawal of funds, the development process of the project and the withdrawal of funds will be at least half longer than in the past, and the capital cost of the real estate enterprises will be increased, which poses an important challenge to the stable operation of the real estate enterprises. Only when the operation is stable, the capital flow is relatively abundant, and the strategy and strategy of the enterprise are properly used, can housing enterprises really survive and develop. Yang Hongxu said.
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