Beijing-Shanghai commercial houses large potential supply pressure take nearly 10 years to digest

Wide network Beijing on November 16 message (reporter Ji Suping) Beijing and the Shanghai statistics data display: between January-October under construction House and the residential Fake Mulberry Handbags area are invasive high, respectively reached has 112 million and the 121.9 million square meters. residential construction area also has reached has 67.42 million square meters and 77.81 million square Fake Mulberry Handbags meters, in accordance with the earlier announced of 1-10 months Agency data can came, consumption potential inventory of time respectively reached has near 10 years and 7 years around. especially Fake Mulberry Handbags Beijing,　　Which is the commercial housing consumption time reached 111 months. are higher than the national average level. Beijing Zhongyuan market research director Zhang Dawei analysis that: first: Fake Mulberry Handbags Although the restriction of trading volume in the new deal curbed the Beijing, Shanghai, current turnover is not a real market demand, but for now, 2-3 years, the relaxation of the restriction of the possibility Fake Mulberry Handbags of the two cities is not big. In accordance with the building area is normally available in about three years into a market cycle,
Expected beginning in 2012, will be the hardest between Fake Mulberry Handbags housing and Enterprise high inventory backlog. and in recent years a large amount of land supply will continue to increase the construction area.　　Secondly: two cities property market inflection points are near appear; housing market the price of goods is expected to gradually clear to Beijing, Shanghai, the project continued to grow, intensified, and effects further consolidate. generally speaking, the current real estate market "price-for" the overall pattern has been formed, project price reduction by the "dark drop" then "Ming Jiang". 　　Third: as of November 9, Beijing commercial housing residential inventory total housing inventory has reached 120,411. May 30, 2009 after the last reach 120,000 units, Beijing housing inventories after 30 months, returning to 120,000 units high. Consumption now available inventory-sales even in the absence of new supply cases also need to 22 months. stock consumption ratio has reached historical highs. overlay potential supply inventory, the current property market
Has reached a market inflection points of the backlog.　　As of October, national implementation of restriction policies relative to strict in 10 cities, inventory backlog reached 60.4446 million square meters per cent from the beginning of September rose 6%, inventory backlog increased 28,640 set.　　As at the end of the third quarter of this year, listed on the Shanghai and Shenzhen stock markets more than 140 companies and enterprises stocks total more than $ 1.2 trillion, over the same period last year rose sharply, by 42%., inventories grew the company up to 112, 77.78%, inventories rose 109, less than 75.69%.　　And pressure is greater than the current real estate 2008. inventory is very urgent, 2008 real estate inventory process took up to 5 a quarter of the time, but under the current regulation, real estate inventory process is slow, expect this process will continue for an extended period of time. Looks like the 2008 property market drop