Market Overview - In March, the second-hand housing market in Hangzhou experienced a surge, but by April, the market cooled down significantly, with transactions dropping from 11,200 units in March to 6,857 units in April [1][2] - The decline in market activity is reflected in both viewing and transaction volumes, with some agents reporting zero viewings on weekends in April [1][2] Buyer and Seller Sentiment - Homeowners' expectations fluctuated, with some initially anticipating price increases in March, but returning to a more rational mindset by April [2] - Many sellers, like Ms. Zhou from Xiaoshan, are now willing to accept lower offers to avoid losses, indicating a shift in seller psychology [2] New Housing Market Dynamics - The new housing market is witnessing a different trend, with several limited-price projects attracting significant interest, such as the Chaoyuyingyue project, which had a 13.89% lottery success rate [3][4] - The demand for limited-price properties is increasing, driven by buyer perceptions of rising prices in surrounding areas due to the "land king" effect [5] Land Auction Trends - Since the resumption of high-price land auctions, 28 districts have set new land price records, with significant increases noted in April [6] - In the first quarter, Hangzhou's land sales reached a total area of over 2 million square meters, with a transaction amount of 59.51 billion yuan, marking a year-on-year increase of 149% [6]
杭州楼市“大阳春”之后,购房者继续“躁动”,业主逐渐“冷静”
Mei Ri Jing Ji Xin Wen·2025-04-26 10:20