February's boom is the lowest in three years
According to the BHI index, the reporter divides it into three stages, of which 1-2 months are “ice valley periodâ€, and 3-4 months is a quick recovery period, rising from May to June. The trend is falling back.
"In January and February, in addition to a New Year's holiday, the sales volume was promoted and some new spring promotions were launched. Most of the other time is not near the holiday or is on vacation, and sales are at a standstill." Mr. Cao, a floor distributor in Nanjing, told the reporter. The BHI data also confirmed that the BHI data in January was 99.30, and it fell to 77.90 in February, not only the lowest value in three years, but also the lowest value since the establishment of the National Building Materials Household Climate Index. The main reason is that there is a Spring Festival holiday in February. Most of the building materials and home furnishing markets in the country have entered a holiday state. Most of the stores are private enterprises. Some stores are on holiday until the end of February, which makes the economy fall below the lowest point in three years.
March rebounded in April
Since March, the home market has been blowing "warm air." The BHI index rose for the first time this year, up 9.78% from the previous month. In April, BHI increased by 26.25%. These two months are the two months of the most prosperous home market in the first half of the year.
“March is the first month of this year’s home market to stop falling, some families are also in the stage of decoration preparation or the beginning of renovation, so they have not yet taken shots in the home building materials. In April, the renovation family started in the first half of the year. , so there is a jump in the rise," said Qu Zhi, secretary-general of the Nanjing Decorative Materials Trade Association.
The reporter learned that in addition to the traditional decoration season, the home situation in March and April is mainly related to the fact that this year's real estate needs to be released. “The five control policies of the new property of the new property have a great impact on the home building materials market,†Qu Zhi said.
May BHI rose less than expected
The jump in the sales of the home market in March and April gave the homeowners enough confidence, but although the heat of the home market in May did not make a sharp turn, the heat dropped significantly.
The BHI, which was just announced, was 109.11 in May, up 1.17 points month on month and down 1.37 points year on year, which was unexpected. “In the beginning, most of the home buyers were strongly optimistic about May. The manager’s confidence index reached 191.16, which means that there will be a sharp increase in May. But the results show that the BHI in May only rose slightly, and the increase was less than expected. It is a signal that the real estate home just needs to be released and is nearing the end." Qin Zhanxue, executive vice president of China Building Materials Circulation Association.
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