Why did the price of Huaqiao rise a lot after the local auction in Kunshan?

Because the construction period after auction needs at least 1 year, and it will be 1 year after completion, or even longer, developers who sell auctions will regard auctions as the weather vane for future price fluctuations.

Imagine, if someone else's land acquisition price of 17500 is more expensive than what I am selling now, I will continue to sell it without raising the price. Thanks to it, a new building can sell for 25,000 yuan in a year. When the time comes, the developer of the new building will definitely sell it over the cost price. I won't make more money when others sell 30000. Even if the market is bad, the new property will not be less than 25,000 yuan. Others cost 25,000, not afraid of my cost 12500. What am I afraid of? It is obvious that the price will rise to 30 thousand. Therefore, use the local auction market to increase the price and avoid making less money, which means losing money.

A developer in Huaqiao raised the price by 5,000 yuan per square meter overnight and jumped directly to more than 20,000 yuan. So when selling a house, it will increase the price. It is said that 1/3 developers have closed the market. You can look at the pending price in SouFun.com. They are unwilling to sell.