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Industry News

Qingdao insulating glass: market regulation will continue to tighten

Shanghai Institute of Research Department expert on the "Daily Economic News" reporter, "accountability" in this year's standards, the central end of: the completion of the annual price control targets for the majority of second and third tier cities to buy or not is not difficult. Therefore, he believes that the ultimate introduction of the "Sales Order", the second and third tier cities is not too much. In the purchase of Qingdao, hollow glass, will expire in the city by the end, there are a number of cities will automatically terminate. Similarly, the CBRC Chairman Liu also said that price pressure tests show that even in the most extreme house prices fell 40 percent, the banking industry is still controllable risk. However, even 10% of the price decline has not arrived yet. This statement is also considered, the first mortgage will revert to the benchmark interest rate faced by the real estate market is still tight credit conditions, which will accelerate the emergence of price inflection point.

From the specific structure of the real estate loans, more than 98 percent of the mortgage loans and development loans and individual mortgage loans, the loan price is less than 80%, compared with 33 percent of the average mortgage debt service revenue in the second quarter, 2009 payment development loans no matter how high the price of the average mortgage rate reached 189% years ago, real estate mortgage the Qingdao hollow glass severe pressure drop of 40% of the test, even if the coverage is still higher than 110% of the internationally recognized standards, all these indicate that China real estate loans, the overall risk control.
The latest data also show that, in the face of the grim situation of the market. Especially in October, the property market turnover continued to decline in most cities in the October week turnover decreased from the same period last year, "Silver 10" has become "Iron 10". Last week (10.17-10.23) monitoring in 35 cities, 28 cities in the real estate market in more than 50% volume decline in the turnover of the eight cities to decline over the previous year. The key cities of Qingdao, the insulating glass production fell by Shenzhen, the largest decline in the changing market environment and Vanke is expected in the first half of the market is a relatively small amount of push plate as a whole, in order to increase the push-plated efforts. Relative to the market as a whole, the rhythm of the company's annual push plate, more balanced in the second half of the sales pressure is less than the industry as a whole. Vanke's quarterly report also shows that the first three quarters of total sales area of ​​84,120 square meters, sales of gold in Qingdao, laminated glass, 9.708 billion yuan, an increase of 39.9% and 35.9%