In the global financial crisis against the backdrop of China's real estate market is ushering in a cold winter. Although the relevant state departments to launch a series intended to stimulate consumer purchase policies, but consumers are becoming more and more rational and not inviting, it is clear that most of the view that in 2009 China's housing prices will be lower. The real estate business will be a long winter.

The real estate market there is also the seller and the buyer, the seller in the hands of the backlog of vacant rooms led to the house is too difficult to dispose of one of the important reasons. In the financial crisis under the influence of the original Xiang Bobo has become a chicken, idle resources not only hindered the developer to return the funds, but also serve to reduce the real estate market a huge role in stimulating domestic demand. However, consumers may be good news, experts predict that because of the existence of a large number of vacant rooms, housing prices will continue to decline.

Beijing: 34 million housing stock in two years to diges

According to the Beijing Real Estate Exchange Network to the latest statistics show that as at November 12, Beijing did not sign the sale of existing homes can be combined with Qi Fang supply more than 340,000 units, up 14.6 more than 10,000 residential units.

Centaline Property in North China Managing Director Li Wenjie predicted that this year will not amount to digest housing more than 100,000 units, even if there are no new incremental, Beijing existing housing stock also need 2 years to digest.

" Significant increase in housing supply, which should mean that developers increase in investment, but because of various real estate developers are facing a more or less the financing, together with the sales situation remains in the doldrums this year, developers have been Belonging to the prudent investment. "An industry that contracted investment in the developer's background, the supply of housing has reached a new record high, it effectively shows the extent of listless real estate market.

The Beijing Municipal Bureau of Statistics data confirms this, January-August 2008, in the same period the city's residential sales fell 55.5 percent year-on-year% to 4,490,000 square meters.

SOHO China Pan Shiyi, chairman of the board also believes that the shortage in the capital chain, is still in the development of the enterprise to maintain high prices and high profits, and its inherent power that is a huge market demand. Beijing protective housing market will divert a lot of market demand, developers have to force the sale. Pan Shiyi, also predicted that many developers face of the return of bank loans, land turned over, outstanding engineering advances, the payment of migrant workers wage pressure on the capital, part of the premises is estimated that developers can hardly get through at the end.

Shenzhen: the stock of residential single-handedly for 12 years afte

Shenzhen City Land Bureau show that as at November 12, Shenzhen, Yi Shoufang can sell an area of 6,464,000 square meters, can be set to sell about 64,300 sets.

According to statistics, Shenzhen in October Yishou Fang transaction with an area of 338,400 square meters, up 9.54 percent than the Central%, but even with the October sales rate of speed is greater than supply, the British researcher at the International Real Estate Li Xin Meng believe that in Shenzhen at present Residential single-handedly take stock of 141 months, about 12 years to complete digestion. At present the city from the existing stock of the new disc the size of the market, as the New Year draws near, in the next couple of months a further decline in house prices has become the trend of the times.

" Less money and the support it can be fixed, such as the local government to rescue the market. Because of some early compelled by the owners of the pressure of trouble, afraid to substantial sales price, the discount can only be secret. "Industry said that this was There is no market in the near future a substantial price reduction.

3-9 November the week, Shenzhen opened the new suite 1086 a total of about 69,000 square meters, and made one week before the pre-sale permits Suite 4573 sub-residential area of 376,000 square meters. 8, 9, approved the sale of new supply will be large-scale influx of the market, the budget market in November, December opening of the new volume also on million, enabled Area sales continue to increase the pressure, in accordance with the current sales , The vacant room area will continue to increase.

Shanghai: the backlog of nearly 10,000,000 square meters Yi Shoufan

Shanghai real estate T'ai recently released statistics show that Shanghai in 2008 the first 10 months of a total of undigested new primary residential area of 9,017,600 square meters.

" The stock of at least one year to digest the end, even two years. "East China Index Research Institute index Li Li, general manager of the Center of the view that there is no large inventory of unsold property developers may face even more next year Intense price competition.

Shanghai in 2008 the number of unsold houses is much higher than in previous years. T'ai Shanghai real estate data show that in 2007 in Shanghai by the end of undigested new housing stock (Qi Fang, Wei Fang) to 970,000 square meters, and Shanghai in October this year as the cumulative supply of new single-handedly 16,420,000 square meters of residential turnover Only 7,410,000 square meters, the monthly average 741,100 square meters, housing stock has reached 9,010,000 square meters, about 10 times last year, the stock of the past.

" On the basis of market pessimism about the future judge, a lot of real estate companies have lowered the sales target. However, many developers are not aware of the seriousness of the problem. "WHO's director of marketing real estate in conjunction wake said that if the developers aware of the market There are such a large supply may take a more active means of prices.