城市开始缺人，楼市的转折点已到，房子终将回归居住属性

Group 1 - The real estate market is undergoing a fundamental shift, with previous growth drivers now diminishing [3][4] - The tightening of credit and the decline in housing demand are significant indicators of this change [4][5] - Urbanization rates have peaked, leading to a slowdown in new housing demand as rural-to-urban migration approaches its limit [5][6] Group 2 - The reversal of population growth in 2022 is a critical factor affecting housing demand, with fewer potential buyers in the market [6][10] - Economic growth has slowed, transitioning from high-speed to mid-low speed, which impacts consumer purchasing power and confidence [8][9] - The combination of economic slowdown, negative population growth, peak urbanization, and shifting credit flows indicates a structural transformation in the real estate market [10]