跌太惨了！南京这个小区从单价56927元到19089元，市值蒸发70%…

Core Insights - The real estate market in Nanjing has experienced significant price declines, with some properties seeing reductions of up to 66.8% from peak prices, indicating a correction in the market [4][12]. - Despite the price drops, many residents still find housing unaffordable, highlighting a disconnect between market prices and local income levels [4][12]. - The current market dynamics suggest a shift towards price-driven sales, particularly in the second-hand housing market, which recorded a 4.9% increase in transactions recently [12][13]. Price Trends - For example, the price of a property in the Yaju Le Binjiang International Phase II dropped from 56,927 yuan per square meter in May 2021 to 19,089 yuan per square meter by April 2025, representing a nearly 70% loss in market value [4]. - Another property saw its price fall from 26,179 yuan per square meter in 2017 to around 10,000 yuan per square meter in the current year, with the lowest recorded price at 8,694 yuan per square meter [12]. Market Activity - The second-hand housing market in Nanjing showed signs of stability with 85 transactions recorded in a single day, indicating a potential recovery in buyer interest [12][13]. - The new housing market remains relatively stable, with average prices around 30,000 yuan per square meter, suggesting a more resilient segment compared to the second-hand market [15]. Economic Context - The overall decline in housing prices reflects broader economic conditions, including reduced income levels for many residents, which has affected their purchasing power [4][12]. - The market's fluctuations are attributed to supply and demand dynamics, emphasizing that real estate is fundamentally a commodity subject to market forces [16].