Group 1 - The urbanization process in China is transitioning from a rapid growth phase to a stable development phase, indicating a shift in the real estate market dynamics [2] - The urbanization rate in China has increased from 55.75% in 2014 to 67% in 2024, with an average annual growth of approximately 1.1 percentage points [2] - The urbanization rate nearing the upper limit of the rapid development range (30% to 70%) suggests a slowdown in the urbanization process, evidenced by recent annual growth rates falling below 1% [2] Group 2 - The slowdown in urbanization, combined with negative population growth, implies a decrease in the annual influx of people to cities, leading to reduced demand for housing [3] - Previously, the influx of population into cities generated significant new housing demand, characterizing the real estate market as primarily a growth market focused on rapid development [3]
房地产，形势变了！
Sou Hu Cai Jing·2025-08-30 15:56