Starting from late January this year, the Ministry of Housing and Urban Rural Development, together with nine local governments including the Ministry of Land and Resources and the National Development and Reform Commission, conducted inspections. From the key content of this central inspection, the hot and sensitive issues in the real estate market in 2009 have become the focus of inspection, such as the rectification of real estate transaction order, the improvement of land transfer system, the implementation of affordable housing policies, and the effectiveness of curbing speculative home purchases. According to the requirements of the State Council, before the 2010 "Two Sessions", the inspection work will produce "phased results", and the State Council and relevant departments will consider formulating and adjusting future real estate policies based on the inspection situation.

Tight tight, loose loose

Regarding the direction of future real estate policies, an expert from the expert committee of the Ministry of Housing and Urban Rural Development who participated in this inspection work told reporters: "In 2010, real estate policies will shift towards' holding onto pressure ', because the macroeconomic task this year is still to maintain growth and restore the economy, so the leading role of real estate will still be played." He also stated that given the current stage of economic recovery, credit policies will continue to maintain a relatively loose environment in the short term. It is expected that from the second quarter onwards, as macroeconomic growth continues to stabilize, housing prices will continue to rise, and policy regulation will gradually strengthen in the later part of the second quarter. The real estate policy will show a clear trend of "loosening in the front and tightening in the back", and the real estate policies in second - and third tier cities where housing prices are relatively reasonable or have not increased significantly will be appropriately relaxed.

At the beginning of the new year, the housing market cools down

Since the beginning of the year, the wait-and-see atmosphere in the domestic real estate market has become increasingly strong, with a sharp decline in new housing listings and a repeated contraction in transaction volume. According to urban monitoring data from Zhongyuan Real Estate, the month on month decline in transaction volume in Beijing and Shanghai has reached about 50%, and the sustained low transaction volume has led to a loosening of housing prices.

The real estate market has rapidly cooled down at the beginning of the new year, and the government's regulatory measures have taken effect. The nine ministries and commissions will inspect the real estate market and submit phased results to the State Council during the "Two Sessions". March will undoubtedly become the key to the direction of the real estate market after the New Year. Regarding this, Qin Hong, Deputy Director of the Policy Research Center of the Ministry of Housing and Urban Rural Development, told reporters that during or after the "Two Sessions", the central government is likely to continue to introduce regulatory policies to further promote the healthy and stable development of the real estate market. Whether the real estate market in the Year of the Tiger can continue the bull market still depends on the sound of policies. According to Huaxia Times

Unveiling the year-end bonuses of numerous real estate companies

State owned and private enterprises have a treatment gap of more than 5 times

In 2009, the sales performance of real estate companies skyrocketed, and the Year of the Ox coincided with a bull market. Everyone earned a lot of money. During the Chinese New Year, the year-end red envelopes of real estate companies became the focus of attention both inside and outside the industry, proving the soaring performance of real estate companies last year. In 2009, real estate companies achieved historically good performance, and this year Vanke employees' year-end bonus is 16 months' salary. Not only Vanke, but also private enterprises like Hesheng Chuangzhan, the "year-end bonus" is the main part of their annual salary, which can withstand a year's worth of wages.

But not every colleague has such good treatment. The reporter learned that in state-owned enterprises like Financial Street, the year-end bonus for their employees is 20% of their annual salary. In terms of proportion, Vanke's year-end bonus is 6.4 times that of Financial Street. And large state-owned enterprises like China Resources do not even have year-end bonuses during the Chinese New Year, but in July every year