苏州楼市再松绑，一夜甩卖三千套房，新房卖不动成谜

Core Viewpoint - Suzhou has lifted its last housing market restriction, indicating a significant downturn in the real estate market, with new home sales plummeting by 70% in July compared to the previous month [1][4]. Group 1: Policy Changes - On August 26, Suzhou announced the cancellation of new home sales restrictions, leading to an immediate increase of over 3,000 second-hand homes listed online [1]. - Since 2022, Suzhou has gradually relaxed housing policies, starting with easing restrictions on second-hand home transactions [1][4]. - Other cities, such as Nanjing, are expected to follow Suzhou's lead in lifting sales restrictions, reflecting a broader trend across second and third-tier cities [4]. Group 2: Market Dynamics - The most significant price drops are observed in new homes, as the previous sales restrictions had been protecting their prices [3]. - The influx of second-hand homes into the market has led to aggressive price competition, with some listings seeing price cuts of up to 50% [3]. - The current market is characterized by urgent sales, with real estate agents reporting a surge in properties being sold at discounted prices [3]. Group 3: Economic Implications - The situation in Suzhou, as a major economic city, suggests that other cities may face even greater challenges in their real estate markets [4][6]. - The lifting of restrictions indicates that local governments are struggling to manage declining tax revenues from property transactions, leading to a reliance on market self-adjustment [6]. - The overall sentiment in the market is that property values are unlikely to rise in the near future, shifting the focus to genuine housing needs rather than speculative investments [4][6].