House prices in Langfang have also declined in the past two years.
The house prices in the main urban areas of Langfang property market and those in small counties of Langfang property market have all fallen.
The house price in Yanjiao District of Langfang property market fell from 17000 to 14000, another 3000 yuan, which has been the seventh consecutive year of house price decline in Yanjiao. The Yanjiao property market has been falling since 2017.There are also Sanhe, Dachang and other areas near the Yanjiao property market, where house prices are generally falling.
The house price in the main urban area of Langfang property market is also falling. For example, Guangyang District of Langfang has dropped from 11000 yuan to 9100 yuan, a drop of 1900 yuan, which is also quite obvious.
And Gu'an in Langfang property market is also a typical property market around Beijing, falling from 10000 yuan to 8400 yuan.
It can also be seen from the decline of the Langfang property market that even if there is not enough industry in the first tier cities, even if they are next to the first tier cities, it will not play a big role, and house prices will fall in the end.
The number of permanent residents in Langfang is not large and the industry is not strong. When the number of young people overflowing from Beijing is less and less, the Langfang property market will be more passive.
Langfang property market has been at the bottom of friction in recent years, which is also due to the weak support point of Langfang property market, leading to the failure of Langfang property market to completely bottom out.
Langfang property market is still a buyer's market, and buyers have a higher bargaining power over house prices.
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