The influence of COVID-19 epidemic on Suzhou housing market and its reasons

The Influence of COVID-19 Epidemic on Suzhou Housing Market and the Cause Analysis;

The impact of COVID-19 epidemic on Suzhou housing market is mainly reflected in the following aspects:

1. Sales decline: Due to the epidemic, the sales volume of Suzhou housing market declined, especially in hotels, tourism, catering and other industries.

2. Falling house prices: Due to the epidemic, Suzhou's house prices are on a downward trend, especially in hotels, tourism, catering and other industries.

3. Reduced investment: Due to the epidemic situation, the investment in Suzhou housing market decreased, especially in hotels, tourism, catering and other industries.

4. The rental market is shrinking: affected by the epidemic, the rental market in Suzhou housing market is shrinking, especially in hotels, tourism, catering and other industries.

Cause analysis of the influence of COVID-19 epidemic on Suzhou housing market;

1. The epidemic led to economic downturn: the COVID-19 epidemic led to economic downturn, the people's income level declined, and the housing market demand decreased accordingly.

2. The epidemic situation leads to a decrease in confidence: The COVID-19 epidemic situation leads to people's worries and fears about the epidemic situation, which leads to a decrease in confidence and a corresponding decrease in housing market demand.

3. The epidemic situation led to a decrease in investment: The epidemic situation in COVID-19 led to a decrease in investment, especially in hotels, tourism, restaurants and other industries, which affected the demand and supply of the housing market.

4. The epidemic caused the rental market to shrink: The COVID-19 epidemic caused the rental market to shrink, especially in hotels, tourism, catering and other industries, which affected the demand and supply of the housing market.