7月70城仅6城新房价格上涨，上海涨幅领跑全国

Group 1 - The overall housing prices in July continued to show a downward trend, with 6 cities experiencing a month-on-month increase in new home prices, while 60 cities saw a decline [1] - The market is characterized by a divergence between core cities stabilizing and non-core areas continuing to adjust, with first-tier cities and some strong second-tier cities gradually restoring confidence through policy optimization and a hot land market [1][2] - The new home price index for 70 cities in July showed a month-on-month decline of 0.3%, with first-tier cities experiencing a reduced decline of 0.2% and second-tier cities seeing an expanded decline of 0.4% [1] Group 2 - The second-hand housing market is under more pressure, with a month-on-month decline of 0.6% in the price index for 70 cities, and first-tier cities experiencing a decline of 1.0% [2] - Only Taiyuan saw a slight increase in second-hand home prices by 0.2%, while cities like Wuhan and Beijing experienced significant declines [2] - Recent policies aimed at stabilizing market expectations have been introduced, with a focus on maintaining policy continuity and flexibility, and local governments implementing measures to stimulate demand [3] Group 3 - The core goal of real estate policy remains to stabilize the market and prevent further declines, with short-term policies expected to focus on urban village and dilapidated housing renovations [3] - The emphasis on urban renewal is expected to accelerate the implementation of supporting policies in the second half of the year [3]