楼市快报||2025年6月福州房地产市场分析

Market Overview - Fuzhou's real estate data in the first half of the year was disappointing despite a series of policies introduced at the beginning of the year, indicating that market recovery will be increasingly difficult as policy effects wane and the industry remains sluggish [2] - The recovery of the market still relies on the revival of the first-time homebuyer segment, as the improvement in transaction volume for improvement housing contrasts with the poor performance of first-time buyer housing [2] - The State Council's meeting in June 2025 emphasized stabilizing expectations, activating demand, optimizing supply, and mitigating risks to promote a rebound in the real estate market [2] Land Market Analysis - Fuzhou's third and fourth land auctions in June 2025 concluded with a total transaction amount of 10.272 billion yuan, involving 16 plots, including 6 residential land plots and 10 plots for resettlement and commercial use, indicating a healthy and stable land market [3] - The land auction results reflect a significant participation from state-owned enterprises, with most plots acquired by local state-owned companies, showcasing a trend of state-led market dynamics [4] Real Estate Market Analysis - The Fuzhou real estate market in June 2025 exhibited a highly differentiated state, with prices primarily concentrated in the range of 10,000 to 25,000 yuan per square meter, while high-end projects were scarce but priced extremely high [6] - The market structure is characterized by an "olive-shaped" distribution, where the first-time buyer market dominates, and the second-hand housing market has become more active than the new housing market [7][8] New Housing Market - In June 2025, Fuzhou signed 2,811 new residential units, a significant increase of 33.98% from May, although excluding affordable housing data shows little change in the new housing market [8] - The majority of new housing transactions were concentrated in the districts of Cangshan and Jin'an, which accounted for a significant portion of the total signed units [8] Second-Hand Housing Market - The average price of second-hand housing in Fuzhou in June 2025 was 21,900 yuan per square meter, reflecting a slight decrease of 0.46% month-on-month [9] - The second-hand housing market in Fuzhou is influenced by the overall market environment, leading to a downward price trend [9] Regional Development Disparities - The central urban area, such as Gulou District, maintains high land prices due to concentrated resources, while areas like Cangshan show minimal price fluctuations, indicating strong value retention [5][11] - The market's performance in suburban areas like Mawei reflects challenges in property absorption, with lower transaction volumes and price stability [11] Summary and Outlook - The policy direction set by the State Council in June 2025 is expected to boost market confidence, with potential for more policies aimed at stabilizing the real estate market in the second half of the year [12] - If favorable policies are effectively implemented, Fuzhou's real estate market may see a rebound, with improved inventory turnover and gradually restored market confidence [12]