Want to know about real estate
Real estate refers to land, buildings, and the inseparable parts of the land and buildings that are fixed to them, as well as the various rights and interests attached to them. Real estate is also referred to as real estate in economics because of its own characteristics, namely, fixity of location and immovability. Real estate can exist in three forms: land, buildings and premises. In a real estate auction, the subject matter of the auction can also have three forms of existence, namely, land (or land use rights), buildings and premises in the state of material entities and their interests. [Edit paragraph] Characteristics of each type of auction subject has its own particularity, this particularity is associated with the characteristics of the subject matter of the class, real estate has the following characteristics: (a) the location of the fixed and immovable. (B) the long-term use. (iii) Diversity of influencing factors. (d) Investment in a large number of nature. (E) the preservation and appreciation of value. [Edit paragraph] Category As real estate is composed of land and buildings and structures on the ground, the land and housing can be categorized according to the following methods: (a) According to the land use classification: According to the "urban land use classification and planning and construction of land use standards," the urban land can be divided into nine categories: 1, residential land, 2, utility land (including commercial land), 3, industrial land, 4, warehousing land 5, External transportation land 6, road and square land 7, municipal utilities land 8, green land 9, special land (b) according to the use of housing classification: according to the use of housing functions can be divided into eight categories: 1, residential 2, industrial plants and warehouses 3, shopping malls and stores 4, office buildings 5, hotels 6, cultural and recreational facilities 7, the government and public utilities 8, multi-functional buildings (complex buildings) Real Estate Development process management and quality control to ensure the quality of real estate development, there are many ways, but seriously implement the ISO9000 standard, the implementation of quality certification, is indeed a must. Kang Daxin management consulting agency real estate project center through consulting practice, y real estate development enterprises in the ISO9000 through the standard must grasp the following five links. First, in the process of the project, subject to the city's overall planning and regional planning, fully respect the views of the planning department, the bid and contract should be strictly evaluated. Second, do a good job of planning each project, from market research, investment projects, land acquisition, demolition, commissioned design, commissioned construction, until the completion of the delivery of the entire process should be carefully and seriously planning, to do the planning, decision-making; in accordance with the results of the planning, the preparation of a quality plan to guide the implementation of the project development and construction, to ensure that the project development and construction of the quality of the project indexes, the construction cycle and the cost is reasonable. Thirdly, we will strictly follow the ISO9000 standards for the project development and construction. Third, in strict accordance with ISO9000 requirements for procurement and the provisions of the national "Construction Engineering Quality Management Regulations", do a good job in planning and design, construction, supply and other aspects of the evaluation and selection of sub-contractors. 1, commissioned planning and design, based on the review of qualifications, general projects can be used to negotiate the method of bidding, major projects can be used to bidding, or even international bidding. Design output in addition to compliance with laws and regulations, must be consistent with the urban planning and development of the design intent of the enterprise. Whether it is a single building, or joint development, should be coordinated with the surrounding buildings and the environment, and reflect the design of masters of the art of architecture, beautification of the city, to provide citizens with a comfortable, elegant living space. Development enterprises should not only focus on their own economic benefits without regard to social benefits. 2. When commissioning the construction, the method of project bidding can be adopted. On the basis of reviewing the qualification, priority should be given to the construction enterprises which have passed ISO9000 certification. 3, to evaluate and select the supply enterprises to ensure the quality of the three major materials, engineering equipment and other materials. Fourth, according to the requirements of ISO9001, improve the quality control of the construction process to ensure the quality of the project. Development enterprises in the project bidding, can not be left alone, but to strictly monitor. After making good preparations for construction, should carry out detailed technical briefing. Regardless of whether the construction company has passed the quality certification, they should be required by the ISO9000 standard. 1, the main structure can not be subcontracted as well as other illegal subcontracting; 2, for each project must be prepared for the quality plan, clear requirements for the control of the construction process; 3, for the key process, the special process must be prepared for the operating instructions, strictly in accordance with the regulations; 4, the use of qualified construction equipment and testing apparatus, and to ensure the safety of the construction; 5, for the special process must be strictly controlled, to eliminate the potential risk of future accidents; 6, to comply with the law and the law, and to ensure the safety of the construction process. 6, comply with laws and regulations, can not cause pollution to the surrounding environment and so on. Fifth, in accordance with the requirements of ISO9001, the quality of building materials and quality of the project for strict control. 1, for the commissioning of supervision of the project, the development company must supervise the qualification review, evaluation and selection of enterprises, and then commissioned supervision; 2, in the incoming inspection, do not allow emergency release (too late to test and put into use), at least steel and cement prohibit emergency release; 3, in the process of inspection, do not allow exceptions to turn the order (too late to test and the next process of construction) or must be strictly authorized; 4, for sub-projects, sub-projects, construction of the quality of building materials and strict control of the project. ; 4, on the sub-projects, divisions of the project did not obtain qualified test results, may not carry out the final inspection (completion and acceptance). Of course, real estate development enterprises in the standard there are many important work to do, this paper is not to be described. For real estate development enterprises, in addition to the implementation of ISO9001, but also the implementation of ISO14001 (International Standard for Environmental Management) and OHSAS18001 (International Standard for Occupational Safety and Health), so that the housing or workplace applicability, safety, durability, environment, economy and other five major performance; in order to make the three-dimensional environment of the city (water, soil, Atmosphere, etc.) is controlled and improved, in order to make man and nature in harmony; and only in this way, in order to win the favor of modern urban residents, broaden sales, and bring benefits to real estate development enterprises. [Edit paragraph] status At present, China's real estate industry in the future economy of the status of the biggest question than in April 2007, by the National Development and Reform Commission, Macroeconomic Research Institute of the economic situation analysis of the group to complete a titled "Macro-control: focusing on adjusting the flow of excess liquidity" of the thematic report, the text suggests that the top government to give up the status of real estate pillars, a complete change in real estate-dependent economic model, mainly on the grounds that: in order to achieve the goal of real estate development in the future, the real estate sector will be able to improve the real estate industry. Economic model, the main reason is: real estate as a pillar industry, will lead to a large amount of capital and other resources excessively chasing real estate, so that the manufacturing industry to upgrade the lack of capital, technology and human resources and other aspects of support. Therefore, calling for national and local development policies to change the "real estate preference". The report also pointed out that experience has proved that developed countries in the process of their industrialization are not real estate as a pillar industry, economic development is not strongly dependent on it. On the contrary, those in the process of industrialization overdevelopment (or overdependence) of real estate countries such as Southeast Asia "four tigers" but suffered a serious economic crisis. My view on the above is that, although the general trend of China's future economic development, the realization of industrial upgrading, especially the upgrading of the manufacturing industry is an inevitable trend. But the author of the report to limit the upgrading of the manufacturing industry, most of the reasons, attributed to the real estate industry, obviously belongs to the real estate industry and the nature of the manufacturing industry not clear. First of all, the real estate industry, regional development is overly dependent on the real estate industry, it is easy to trigger investment bubbles and economic overheating phenomenon. Therefore, relatively speaking, the development of manufacturing upgrades as the economic pillar of the new road to industrialization, is indeed the best way for China's economic development in the future. However, it is undoubtedly one-sided and bookish to think that the upgrading of the manufacturing industry can immediately replace the real estate industry and become the new pillar industry for the development of various regions. The reasons for this are as follows: First, the report's lack of understanding of the resistance to the development of the manufacturing sector As a developing country, China's latecomer position in the modernization process is an intrinsic and greatest disadvantage. As a developing country, China's latecomer position in the modernization process is an intrinsic disadvantage. Because the Western countries that joined the process earlier had already run far ahead and achieved great success, it was determined that the latecomers were already at a distinct disadvantage when they started to move towards modernization, and it was difficult for them to achieve sustained, efficient, and large-scale industrial development. Lack of capital, technological backwardness, demographic burdens, environmental pressures, traditional burdens, and changes in the international political and economic environment will make the modernization process of the latecomers very difficult. Therefore, although the development of China's manufacturing industry has formed a certain scale, but at present in the global industrial value chain, is still at the low end of the vertical division of labor system, can only be gradually to the high-end division of labor transfer, can not be a rush. Like the current constraints on China's low-end manufacturing demand bottlenecks in foreign trade, and constraints on high-end manufacturing core technology bottlenecks, and not by the policy focus on supporting a large number of injections of funds can be resolved, but is bound to undergo a "crossing the river by groping for stones," the long process of development. Second, the report on the real estate industry's lack of understanding of industrial characteristics and the development of manufacturing industry resistance compared to one of the biggest advantages of the real estate industry, is that it is not like the industrial manufacturing industry, as some of the need to carry the foundation, but in any city can be spawned, and in a short period of time to bring together a huge amount of money, pulling countless investment opportunities. For a developing country like China, which has a weak industrial base and is at a disadvantage of late development, it needs a pillar industry like real estate industry that can drive the economy on a large scale, especially the economy of backward areas, and it cannot be blindly compared with the developed countries in this regard. As for the relationship between real estate and manufacturing industry, we believe that not only is it not a relationship of mutual exclusion and competition for resources, but it is a relationship of mutual promotion and mutual facilitation. That is, through the life support, business support, industrial support to build, in the original area on the basis of industrial bearing, increase the attractiveness of foreign population, technology, capital, and when the development of industrial manufacturing industry, in turn, will become the best impetus to promote the development of real estate. As for the emergence of the so-called "excessive development of the real estate industry" phenomenon, in many cases, is due to the industrial manufacturing industry to upgrade the difficulties of the huge resistance, resulting in its development speed is far less than the real estate industry, resulting in the real estate industry, "a unique" phenomenon, in the eyes of many people. In the eyes of many people, such a situation becomes "over-dependence" on the real estate industry. Third, the report on the economic importance of the real estate industry is not enough to understand the impact of the real estate industry on the national economy, mainly reflected in the importance of pulling the economy and stabilizing the economy. First of all, from the perspective of pulling the economy, the real estate industry can pull upstream and downstream such as iron and steel, building materials, machinery, chemicals, ceramics, textiles, home appliances and a series of industrial development, according to statistics, the real estate industry directly or indirectly affect more than 60 industries. Considering the real estate development investment through the associated industries and pull consumption on GDP, the current real estate development investment on economic growth of the total contribution rate of more than 20%. Secondly, from the perspective of stabilizing the economy, due to the high degree of industrial correlation, significant fluctuations in real estate development investment can lead to fluctuations in other related industries as well, which will inevitably lead to fluctuations in the economy in the end. At the same time, due to the developers and individual buyers of a considerable part of the funds for bank loans, so the actual real estate development investment in at least more than 40% from bank loans, so to maintain a steady growth of real estate development investment, the national economy also has an important significance of sustained and stable development. [Edit] Sales Eleven Elements of Real Estate Sales 1. Property: As a real estate salesperson, you must understand the product you are selling - the house - and must be convinced that the house you are selling will meet the basic requirements of your potential customers, and may even bring superior value. As a salesperson to love your product, to know the characteristics of their own products, and its **** vibration with the target customer. 2. Sales staff: to make customers feel that you are their friends, is their home-buying consultant, is the most willing to talk to them. Customers often because they like you and like what you introduce. The foremost requirement for achieving sales success is still self-confidence. To build self-confidence, we must grasp the following key issues: First, a wealth of real estate expertise, their own sales of real estate in the palm of your hand, memorized; Second, repeated rehearsals, only the sales presentation to customers to achieve impeccable, which words should be said, which words should not be said, some of the words to what extent, which to focus on the introduction of the introduction of the general introduction, which should be well-prepared beforehand; Third, the sale of real estate Experience, only after persistent and unremitting efforts, with sincere dedication, good at summarizing and summarizing in practice, more than others to think, in order to obtain the skills necessary for success. 3. Customers: The sales staff should have the right judgment to find out the customers you want to serve. It is a common practice to do a little assessment of the customer to ensure that they are people who can make a buying decision. For example, ask something like, "You're the owner of the company, right?" "Would you like to ask your wife's opinion?" etc. Don't waste time trying to find out who you think might be your customer, you can't know who's going to buy until you're in the sales process. Spending a lot of your time on these people is sometimes likely to be futile, the fastest time to find your customers and the fastest to close the deal, the fastest time to get rid of the customers who are not me, which is always true. 4. Selling yourself: The first impression that real estate salespeople make on their clients is crucial, so it's no surprise that the owners of real estate sales companies in Taiwan allow their salespeople to go to the barber store during business hours. The real professional salesperson has an excellent grasp of what to say, and is able to attract customers to listen. It is the client who feels that you are very sincere, not boastful, and if you can do that, you are halfway there. Therefore, as a salesperson, to exercise this skill, successfully marketing themselves. 5. Marketing developers: At present, many of the delayed delivery of commercial housing, construction quality lighting problems complaints are increasing, if your developer is very strong and trustworthy, do a better job in this regard, then a set of very proud of your developer to promote customers, so that customers can feel more at ease, more reliable, more down-to-earth, but also the company's image will be firmly in his mind. 6. Promote the property: sales staff should be full of enthusiasm and passion to sell, because sincerity and enthusiasm is very infectious, do not let the customer think you are talking in general terms. You can at least find a wonderful reason, and convince him to consider buying, you can say "this is the opening price, after two days will increase the price", "only ten sets of concessions", speak to be concise and witty use, do not let the customer think you are in the set to let him go drill! Otherwise, potential customers will not seriously consider what you say, if the customer can be considered, you can take him to visit the model home or the scene of the introduction. 7. On-site explanation: smart sales staff will do an introductory statement, a brief explanation, and then a formal introduction. When customers feel that they can understand the fresh and interesting information, they will be willing to spend time to listen to, give customers detailed information, highlighting the advantages and unique features of the property, do a good actor, memorize the lines, design your every move, including customers into the sales office to say what to say on the way to visit the model room to say what to say on the scene to say what and so on. All efforts are only for a goal: to sell your property to customers. 8. Bring customers high value-added: customers buy real estate is not only to meet the needs of the basic functionality of the residence, because he also saw in addition to the high value-added incidental. You introduce your property to customers, you should clearly and unambiguously tell customers that the property value super in what place, therefore, you have to master the concept of value or super value into your property introduction. 9. Create a sense of urgency: To get customers to buy your property now, you must skillfully use sales techniques - create a sense of urgency. The sense of urgency comes from two factors: the reason to buy now and the return on investment. To create a sense of urgency, you should first make the customer want what you have, otherwise there can be no sense of urgency. 10. sales proposal: you can not successfully sell the product to everyone, but certainly can and should be able to make everyone understand your sales proposal. At this point, you should reiterate the advantages of the property, the high added value and the favorable conditions to the relevant customers. In addition, but also to say how reliable and stable the developer, and the corresponding strength, a show of your skills, talent and knowledge, briefly and succinctly explain the purchase process and the relevant terms of the transaction notes and so on. 11. Checkout: Checkout is your careful planning, thorough arrangements, professional marketing, the inevitable result of hard work. When the customer has come to see several times, enough for him to make a clear decision to buy, may at any time to close the deal. At this moment, is to decide to "buy" or "do not buy" time, if you convince the customer, and the successful use of the above elements, the likelihood of closing a single 80%. (a) The real estate industry refers to the industry engaged in land and real estate development, operation, management and services. (b) The real estate industry mainly includes some of the following: 1, the granting of state-owned land use rights, real estate development and redevelopment, such as expropriation of land, demolition and relocation, commissioned planning and design, the organization of the development and construction, the redevelopment of land in old urban areas, etc.; 2, real estate management, including the transfer of land use rights, leasing, mortgages, and the sale and lease of housing, mortgages, and other activities; 3, real estate intermediary services, including Real estate consulting, valuation and brokerage agency, property management. 4. Real estate regulation and management, i.e. to establish real estate capital market, technology market, labor market and information market, to set reasonable real estate prices, and to establish and improve real estate laws and regulations, so as to realize the state's macro-control of the real estate market. Real estate At present, foreign investment in China's real estate is mainly a direct purchase, the establishment of wholly-owned companies, the purchase of equity to set up joint ventures in three ways. Real estate (real estate) real estate is the property and real estate. Also known as real estate. Real estate is a kind of property that cannot be moved, or will cause changes in nature and shape after moving. Real estate mainly includes housing property and business property. Real estate transactions in the form of: (1) the sale of property. This includes the sale and purchase of state-owned properties, the sale and purchase of collective properties and the sale and purchase of private properties. (2) Housing lease. (3) Real estate exchange. (4) Mortgage of real estate. Real estate mainly includes land and land capital. Land is characterized by its usefulness, scarcity, and effective social demand. Land capital is to make the land to achieve a certain standard of use for the development of investment, this investment should be converted into a certain amount of physical labor and living labor, which itself must have the attributes of goods. The forms of real estate transactions are: (1) primary market. This is a market monopolized by the state, which involves the change of collective land ownership and the realization of state-owned land ownership. Business operations include: expropriation of land and transfer of property rights; transfer of the right to use land for a certain period of time by way of sale or auction; and leasing of land and regular collection of ground rent. (2) Secondary market. This is the market formed by the land development company with legal personality to carry out comprehensive development and operation of land. The main channels for foreign capital to enter the real estate market include foreign direct investment, borrowing foreign debt, and foreign institutions and individuals buying commercial properties by self-purchase and underwriting. [edit paragraph] real estate eight honors and eight shames song Shame on the long term period house, to the present house quasi present for the honor! Shame on the pursuit of profiteering, and take pride in reasonable prices! Shame on false propaganda, and take pride in truthfulness! Shame on fraud and rip-off, and take pride in honest sales! Shame on the God of money, honor the God of the people! Shame on the ugly household type, and be proud of the sunny household type! Shame on the Yan over plucking hairs, and be proud of compassion! Shame on the shrinking of the house, and be proud of scientific measurement! Shame on shrinking supporting facilities, and be proud of planning supporting facilities! Shame on forcibly marrying properties, and be proud of recruiting properties! Shame on tax evasion and shame on reasonable tax payment! Specifically, "Class I Residential Land" refers to sites with a high concentration of detached dwellings, a full range of ancillary facilities, and a complete layout, with detached dwellings basically of three storeys or less. "Residential land use category 2" covers sites with a wide distribution of multi-storey, medium-high and high-rise residential buildings with complete supporting facilities and a complete layout, which are widely distributed in the city and dominate the residential land use. According to the trend of tightening land supply and the principle of land intensification, the possibility of constructing residential units of less than three storeys in the future is basically non-existent. Therefore, the inclusion of sites for residential units of less than three storeys is not considered in the "Class II Residential Land Use". (1) Explanation of "Class 1 Residential Land" (R1) and "Class 2 Residential Land" (R2) "Class 1 Residential Land" and "Class 2 Residential Land" are mainly used for the construction of residential buildings. Residential land" and "Class II residential land" are mainly urban residential land, which belongs to the state-owned land, and the owners of urban residential areas*** have the right to use the land in the residential areas. In terms of the architectural form of dwellings, urban residential dwellings now being constructed include detached dwellings and common unit-type dwellings. The number of detached houses is very small, mainly in the form of low-rise villas; unit-type housing is the most common form of housing in the city, generally for multi-storey, medium-high and high-rise one-staircase multi-family buildings. Residential areas formed by detached houses and unit-type houses are planned and built by development units, with sparse and dense distribution of buildings and better residential facilities. Using these two types of buildings as classification criteria, two intermediate categories, "Class I Residential Land" and "Class II Residential Land," have been established. Specifically, "Class I Residential Land" refers to sites with a high concentration of detached dwellings, a full range of ancillary facilities and a complete layout, where the number of storeys of detached dwellings is basically three or less. "Residential land use category 2" covers sites with a wide distribution of multi-storey, medium-high and high-rise residential buildings with complete supporting facilities and a complete layout, which are widely distributed in the city and dominate the residential land use. According to the trend of tightening land supply and the principle of land intensification, the possibility of constructing residential units of less than three storeys in the future is basically non-existent. Therefore, the inclusion of sites for residential units of less than three storeys is not considered in the "Class II Residential Land Use". (2) Explanation on "Residential Land Use Category 3" (R3) "Residential Land Use Category 3" is mainly for residential buildings to be constructed in industrial zones, warehousing zones, schools (especially universities) and other functional zones, which are mainly for accommodating single employees of enterprises or single faculty and staff of schools, which are mainly for accommodating single employees of enterprises or single faculty and staff of schools. These residential buildings are mainly used for accommodating single employees of enterprises or teachers and students of schools, and often appear as ancillary facilities in industrial zones, warehousing areas and schools. The biggest difference between the single dormitory and the ordinary unit-type residence in the household structure is that there is no independent kitchen. At present, Shenzhen single dormitory construction there are two main ways, one is in order to facilitate the workers to and from work, in one or two types of industrial zones in the construction of single dormitory buildings, independent of the occupation of land and shall not be mixed with the construction of industrial plants, but also to take the necessary health and environmental protection measures to meet the requirements of the spacing of the residential buildings, so that the single staff dormitory occupies a part of the industrial land; the other is outside of the industrial land The other is the single-employee dormitory area constructed in pieces outside the industrial land, and this dormitory area often has relatively independent residential and living functions, forming a certain scale of residential population and building area, with certain living facilities of its own, and planned and constructed in accordance with the relevant standards for residential land. From the point of view of favoring land management and planning management as well as responding to the needs of the current development and construction of single dormitories, the land occupied by single dormitories in the first case is included in the industrial land (M), while the land used for single dormitories in the latter case belongs to the third category of residential land (R3). Since the residents of the single dormitory area are mainly singles, there is no need to build kindergartens, nurseries and other facilities, but other community sports facilities, cultural activities, medical and health care, community management, commercial services and other facilities need to be built accordingly. Therefore, compared with "Class 1 Residential Land" and "Class 2 Residential Land", there is one less sub-category of land under "Class 3 Residential Land", which is childcare land. "Single dormitory" (R31), "Type 3 community sports facilities" (R33) and "Type 3 other community facilities" (R34), "Class 3 Residential Road Land" (R35) and "Class 3 Residential Green Space" (R36). It should be noted that as the sub-classes of land under the four residential land use categories are basically the same, except for the absence of the sub-class of "Class 3 Residential Land" under the "Class 3 Child Care Land" category, they all contain six sub-classes of land with similar names. For ease of use and memorization, the order and numbering of the subcategories under each land use medium category are consistent, and the numbering of the vacant "Class 3 Residential Land" under "Class 3 Child Care Land" remains vacant. (3) Explanation on "Residential land use category 4" (R4) Due to historical reasons, the situation of "Residential land for indigenous rural inhabitants" is extremely complicated in terms of land ownership, building form, and the identity of the owner of the residential property, etc. Most of the residential land for indigenous rural inhabitants was built in the form of a house, and the owner of the house is the owner of the house. Most of the residential land of former rural residents is collective land, basically through the way of farmers' self-build, the division of residential land is basically relatively centralized in the form of villages, and the form of self-built houses is multi-storey or medium-high-storey single-family houses, so it forms a cluster of single-family houses with extremely dense distribution in the form of villages, and it is a cluster of residential buildings in the form of urban space with a more special material and spatial texture. At present, Shenzhen's former rural residential buildings have formed a certain scale, accommodating a large number of rural residents, former rural residents who have already changed to urban residents and temporary residents. In view of the future trend of urban construction, rural residential buildings will be gradually transformed, with emphasis on the improvement of supporting facilities and the environment. Therefore, in this "Urban Land Use Classification and Code List", the residential land for former rural residents and its corresponding supporting facilities are included as a separate land use category, "Class IV Residential Land", including "Residential Land for Former Rural Residents "(R41), "Class 4 Child Care Land" (R42), "Class 4 Community Sports Facilities Land" (R43), "Class 4 Other Community Facilities Land " (R44), "Class IV Residential Road Land" (R45) and "Class IV Residential Green Space" (R46), and other six site sub-categories. Compared with the "five types of residential land" in the "Urban Land Use Classification and Code List" of the "Standards and Guidelines" (97th edition), the scope of "four types of residential land" is more comprehensively defined in the Standards and Guidelines, and the "former rural residential land" is more comprehensively defined. The scope of "four types of residential land" is more comprehensively defined in the Criteria and Guidelines than "five types of residential land" in the "Classification and Code List of Classified Land", and the name of "original rural residential land" is more accurate than the name of "rural residential land" in the "Criteria and Guidelines" (97th edition). Therefore, the new land use classification and code list replaces the relevant land use types in the Criteria and Guidelines (97th edition) with the new land use type names and scope definitions. [Edit Paragraph] The national property market rebound for real estate stocks to add bottom Yesterday, the real estate industry to ride on the "revitalization plan" the last train of news to stimulate the real estate stocks rose across the board, but after the close of the market, there are reports that real estate into the revitalization of the plan may be wishing to fall through. But according to the data tracked by various institutions, last week, the major cities in the property market transactions generally rose, which undoubtedly added to the real estate stocks rose bottom. News over the weekend that real estate may ride on the last train of the revitalization plan, the most notable is the removal of the "second suite" restriction policy. This policy has been called "the last straw that crushed house prices". If this policy is canceled, for the release of improved housing demand will have a greater role in boosting. Some industry insiders said, in the country vigorously stimulate domestic demand, the second suite policy should be canceled in the water, but it should not help the rise in housing prices, the rise and fall of housing prices ultimately decided on economic fundamentals. Yesterday after the market closed, there are reports that the government "may not be included in the real estate industry in this industrial revitalization plan, because of the industry's specificity and sensitivity. However, the rebound of the property market is undoubtedly good for real estate stocks. Institutions disclosed last week's weekly real estate report shows that, in addition to Kunming and Chengdu, the major cities turnover rose year-on-year. Among them, Beijing first-hand residential transactions to maintain the previous week's rise, the security of housing transactions slowed down the rising trend; Tianjin first-hand residential transactions increased by 26.74%; Qingdao turnover rose 151.41%; Shanghai residential transactions rose 25.54%, Nanjing weekly commercial residential turnover rose 47.54%; Hangzhou, commercial real estate pre-sales rose 74.99%, Shenzhen, first-hand real estate turnover rose 32.65% YoY; Guangzhou residential transactions rose 34.86% YoY; and Dongguan residential transactions rose 19.01% YoY. In addition, Wuhan, Changsha, Xi'an, Zhengzhou, Hefei, Fuzhou, Xiamen, Wenzhou, Haikou and Changchun also continued to maintain a high level of growth. In Tianjin, Xiamen and Nanjing, weekly turnover also hit a new high since 2008. Huatai Securities believes that, after the year-to-date rise, real estate stock valuation level rose rapidly, the key listed companies dynamic valuation level has come out of the low point, back to or close to 15-20 times the PE of the history of the medium level. At present, the industry is still in a favorable policy environment, turnover is expected to further rebound, and key companies sales performance is excellent, 2009 to achieve market share is also more likely to rise, so maintain the industry "hold" rating. Some experts pointed out that last week, real estate has become the most withdrawn funds from the industry, indicating that the market is still divided on the views of the industry, and turnover and home prices will be able to continue to enhance the trend of real estate stocks will be an important criterion in the market.