Workflow
数据非常糟糕,这一轮楼市的下行,到底结束了没?
Sou Hu Cai Jing·2025-07-22 19:08

Core Insights - The overall sentiment in the real estate market is cautious, with a notable decline in investment and sales figures indicating a challenging environment [3][4][6] - Predictions from international investment banks suggest that first-tier cities may stabilize by the end of the year, while strong second-tier cities may take longer to recover [3][4] - The market has experienced significant fluctuations over the past two decades, with a notable downturn beginning in 2020 [6][7] Investment Trends - Real estate development investment in the first half of the year reached 46,658 billion yuan, a year-on-year decrease of 11.2%, reflecting a pessimistic outlook for the new housing market [3] - New residential sales area decreased by 3.5% year-on-year, with sales revenue dropping by 5.5%, indicating a broader market contraction [3] - Despite the downturn, there are signs of recovery in major cities, with some areas showing resilience and a gradual improvement in market sentiment [8][10] Market Dynamics - The decline in property prices has been severe, with some popular areas experiencing price drops of up to 30% from their peak [7] - Government policies aimed at supporting the market have been implemented, contributing to a gradual thawing of market conditions [8][10] - The current environment allows buyers to identify undervalued properties, suggesting a shift towards a more discerning market [11]