居民急于抛售手上的房产？

Core Viewpoint - Morgan Stanley's recent survey indicates a growing urgency among residents to sell their properties, while the desire to purchase homes continues to decline [1][2]. Group 1: Market Sentiment and Price Expectations - The survey reveals that 33% of respondents expect home prices to decline over the next 12 months, a slight decrease from 36% in April [5][7]. - In first-tier cities, the expectation of price declines is even higher, with 50% of respondents anticipating a drop [5][7]. - The divergence in opinions regarding future price movements suggests that the market has not yet reached its bottom, as consensus is lacking [3][4]. Group 2: Buyer and Seller Intentions - The willingness to purchase homes remains low, with only 51% of respondents considering buying in the future, and just 16% indicating they are "very likely" to buy [12][15]. - Among potential sellers, 44% plan to sell within the next six months, and 66% intend to sell within a year [16][17]. - A significant shift in sentiment is noted, with 56% of homeowners now willing to accept losses on their sales, up from 43% in April [19][21]. Group 3: Market Dynamics and Future Outlook - The current market dynamics show a decrease in demand and an increase in supply, leading to a bearish sentiment [27]. - Without substantial policy support, the downward pressure on home prices, particularly in first-tier cities, is expected to persist [10][27]. - The emotional aspect of the market, driven by expectations and sentiment, plays a crucial role in short-term price fluctuations [25][26].