Core Viewpoint - The real estate market in China is experiencing mixed trends, with some cities seeing price increases while others face declines, particularly in first-tier cities. The overall market shows signs of recovery, but challenges remain. Group 1: Price Trends - In June, new home prices in Shanghai and Changsha increased by 0.4% month-on-month, while prices in Ningbo and Zhanjiang rose by 0.3% [1] - First-tier cities saw a month-on-month decline of 0.3% in new home prices, with Shanghai being an exception with a 0.4% increase [3] - Year-on-year, Shanghai's new home prices rose by 6%, leading the 70 cities, while Beijing, Guangzhou, and Shenzhen experienced declines of 4.1%, 5.1%, and 2.5% respectively [3] Group 2: Second-hand Housing Market - In June, second-hand home prices in first-tier cities fell by 0.7% month-on-month, with Beijing, Shanghai, Guangzhou, and Shenzhen seeing declines of 1.0%, 0.7%, 0.7%, and 0.5% respectively [5] - Only Xining saw a month-on-month increase in second-hand home prices, with a rise of 0.1% [6] Group 3: Market Activity and Investment - From January to June, national real estate development investment totaled 46,658 billion yuan, a year-on-year decrease of 11.2% [9] - The sales area of new commercial housing decreased by 3.5% year-on-year, with residential sales area down by 3.7% [9] - The construction area of real estate projects fell by 9.1% year-on-year, indicating a slowdown in new developments [10] Group 4: Future Outlook - Analysts expect a rebound in market activity in the second half of the year, particularly after July, as government policies are implemented to stimulate the market [8] - Core cities are optimizing real estate policies to better meet housing demands, which may stabilize the new home market [10]
上海新房价格继续领涨,全国仅西宁二手房价格上涨,专家预计下半年将全力推动已出台政策落地见效
Mei Ri Jing Ji Xin Wen·2025-07-15 08:05