中国楼市要凉？专家点名这五个城市房价要跌，买房党嗨了！

Core Viewpoint - The real estate market in five Chinese cities is expected to experience significant price declines due to factors such as population loss, high inventory, and tightening policies [1][3][4] Group 1: Reasons for Price Decline - In cities like Hegang, the housing market is characterized by extremely low prices, with homes selling for just a few thousand yuan, leading to a significant drop in demand as the population decreases by over 10% from 2020 to 2023 [3][4] - Yinkou and Jinzhou are facing similar challenges, with Yinkou's new housing inventory reaching 28 months and Jinzhou struggling to sell homes, resulting in a lack of buyer interest [3][4] - Anshun and Yulin are also experiencing economic difficulties, with Anshun's new home sales dropping by 30% year-on-year in 2024 and Yulin suffering from high vacancy rates as young people migrate to larger cities [3][4] Group 2: Market Dynamics - The core issue driving the price decline is a supply-demand imbalance, with developers having built excessively in the past decade while demand has collapsed due to population shrinkage [4][6] - Nationally, new housing inventory reached 738 million square meters in 2024, with cities like Hegang and Yinkou being particularly affected by high inventory levels [4][6] - Policy changes, such as the "three red lines" policy, have strained developers' finances, and despite a drop in mortgage rates to 4.5%, buyer confidence remains low [4][6] Group 3: Implications for Buyers and Sellers - While buyers may see opportunities in these cities due to high inventory, the overall national market is expected to remain stable, with a projected price decline of only 4%-6% [6][8] - Sellers are advised to act quickly if they wish to sell, as the market may continue to cool, but long-term holding may still yield rental income as rental prices are expected to remain stable [8]