房价开始沸腾！上海楼市限购政策松绑，市场已在期待“金九银十”

Core Viewpoint - The recent policies introduced by first-tier cities aim to stimulate the real estate market, but underlying challenges such as high inventory and declining population must be acknowledged [1][11]. Group 1: Policy Changes - Shanghai's new policy includes significant measures such as lifting purchase limits for non-residents, allowing them to buy homes in the outer ring after paying social insurance or taxes for one year [3][5]. - The interest rate differential between first and second homes has been eliminated, resulting in substantial savings for buyers; for a loan of 2 million over 30 years, monthly payments can decrease from 10,136 yuan to 9,086 yuan, saving over 37 million yuan in total [5]. - The maximum public housing fund loan for green buildings can reach 1.84 million yuan, with additional benefits for families with multiple children, easing financial pressure on buyers [5]. Group 2: Market Reactions - Following the announcement of the new policies, the Shanghai real estate market saw immediate activity, with projects like Poly Haishangyin promoting aggressive sales strategies [6]. - High-end properties, such as the Shanghai Yihua Courtyard, have demonstrated strong demand, selling 66 units at an average price of 73 million yuan within an hour, totaling 4.8 billion yuan in sales [6]. Group 3: Broader Market Trends - Other first-tier cities are also implementing measures to stabilize their real estate markets, such as Beijing lifting purchase limits and increasing public housing loan amounts [7][10]. - Guangzhou has removed restrictions on purchases, sales, and prices, while Shenzhen has lowered mortgage rates significantly [8][9]. Group 4: Market Challenges - The inventory pressure remains high, with new home inventory in Shanghai's outer ring expected to take over 20 months to deplete, far exceeding the healthy standard of 12 months [11]. - Home prices continue to decline, with new home prices in 70 major cities dropping by 3.7% year-on-year, and second-hand home prices down by 6.1% [11]. - The population is experiencing negative growth, with 9.54 million births and 10.93 million deaths in 2024, raising concerns about future housing demand [12].