近两年买房需牢记口诀：可以买大买少，不买高，这是内行人经验！

Core Viewpoint - The article emphasizes the importance of the mantra "buy big, buy less, don't buy high" for homebuyers in the current real estate market, highlighting the changing dynamics and the need for strategic investment decisions [1][3][10]. Group 1: Market Trends - By the second quarter of 2025, 43 out of 70 major cities in China are expected to see a month-on-month decline in new residential property prices, with 48 cities experiencing a year-on-year drop [1]. - In 2024, the average price of large homes (over 120 square meters) in Beijing increased by 4.2%, while smaller homes (under 90 square meters) saw a decrease of 2.1% [2]. - A report indicates that small apartments in first-tier cities take an average of 18.3 months to sell, compared to just 9.7 months for larger units [2]. Group 2: Investment Strategies - The principle of "buy big" suggests investing in larger units and communities, as they tend to retain value better in the current market [2][5]. - "Buy less" advises potential buyers to consolidate their funds to purchase a single, quality property rather than multiple smaller ones, as the likelihood of default on loans is significantly higher for those with multiple properties [5][13]. - The "don't buy high" principle stresses the importance of evaluating property prices against income and rental yields, with a healthy price-to-income ratio being below 8 times [7][8]. Group 3: Financial Considerations - The average mortgage interest rate for first-time homebuyers in 2025 is projected to be 3.85%, a decrease of 0.4 percentage points from 2023 [5][16]. - The article warns that properties priced significantly above their market value, particularly new homes compared to second-hand homes, pose a risk, with new homes often being 25% to 30% more expensive [8][9]. Group 4: Demographic Insights - Population trends indicate that urban areas with strong economic foundations are likely to see property value appreciation, while areas experiencing population decline may face significant price drops [8][10]. - The article highlights that educational resources are becoming more evenly distributed, leading to a decrease in the premium associated with school district properties [9]. Group 5: Practical Advice - Buyers are encouraged to prioritize properties in well-connected areas with comprehensive amenities, as these tend to appreciate more in value [14][15]. - The article suggests that first-time buyers should consider bank mortgage loans over alternative financing options due to lower interest rates [16].