The cooling of the real estate market has triggered a chain effect in the second-hand excavator industry

Affected by the financial crisis, foreign users of second-hand excavators, loaders, and other equipment have not yet recovered. It is worth paying attention to whether the new round of real estate regulation in China will bring a new round of impact on the construction machinery industry.

In 2009, the real estate market in various regions surged, and real estate developers built extensively in first and second tier cities across the country. Stimulated by this, construction machinery was very popular in 2009 and early October, and there was a shortage of supply at one point. Since May this year, with the issuance and implementation of the central government's real estate negotiation and control policy, the cooling of the real estate market has become a trend by the end of June. The construction machinery industry is bound to be affected by it.

In recent times, the second-hand excavator industry has been most affected. The number of customers who go to the Shanghai Chuantengyin second-hand excavator market to purchase machines has significantly decreased, and most customers are still in the wait-and-see stage. Excavators in some areas are in a state of shutdown and waiting for work, and it is understood that some excavator agents have even experienced order cancellations. Some customers who wanted to purchase new excavators have also given up the idea.

It remains to be seen whether the second-hand excavator industry will experience a price reduction trend similar to the real estate market, but one thing is certainSecond hand excavator pricesIt will definitely return to a rational range.