70城房价最新数据出炉！深圳止跌信号已现？

Core Viewpoint - The real estate market is at a critical juncture of "bottoming out" and "recovery," with a general decline in new home prices across first-tier cities, but a narrowing year-on-year decline, particularly noted in Shenzhen's resilience and adjustment pace [1][6]. Group 1: Price Trends - In June, new home prices in first-tier cities showed a month-on-month decline, with Shenzhen experiencing the largest drop of 0.6%, marking the third consecutive month of decline [4]. - Year-on-year, Shenzhen's new home prices fell by 2.5%, which is less than the declines seen in other first-tier cities like Beijing and Guangzhou, which dropped by 4.1% and 5.1% respectively [5]. Group 2: Market Dynamics - Shenzhen's price stability is attributed to structural differentiation in the new home market, where new regulatory products are impacting older projects, leading to price reductions in non-compliant projects while maintaining some price resilience in core areas due to strong demand [6]. - The second-hand housing market in Shenzhen is also experiencing rational adjustments, with stable price declines driven by pragmatic seller attitudes and increased supply from new home products [6]. Group 3: Future Outlook - Despite short-term pressures, there are signs of potential stabilization in the market, with upcoming long-term policy measures aimed at revitalizing demand and supply, including increased housing loan quotas and subsidies [7]. - The market is expected to benefit from a series of supportive policies from local and central governments, which may alleviate current pricing pressures [7]. Group 4: Buyer Guidance - For first-time buyers, focusing on core area new products with strong anti-decline characteristics is recommended, especially as policy optimizations lower entry costs [8]. - Investors are advised to be cautious, as the market has moved past the "universal growth era," and should concentrate on areas with sustained population inflow and strong industrial support [8].