中指研究院：8月百城二手住宅价格延续回落态势，9月或迎政策密集期

Core Viewpoint - The real estate market in China is showing signs of stabilization with new policies expected to support recovery, particularly in September, which is traditionally a strong sales month for the industry [1] Group 1: New Housing Market - In August, the average price of new residential properties in 100 cities was 16,910 yuan per square meter, reflecting a month-on-month increase of 0.20% and a year-on-year increase of 2.73% [1] - The increase in new housing prices is attributed to the introduction of improved projects in certain cities [1] Group 2: Second-hand Housing Market - The average price of second-hand residential properties in 100 cities in August was 13,481 yuan per square meter, showing a month-on-month decrease of 0.76% and a year-on-year decrease of 7.34% [1] - The trend of "trading price for volume" continues in the second-hand housing market [1] Group 3: Market Outlook - September is expected to be a period of intensive policy announcements aimed at stabilizing the real estate market, with new support measures likely to be introduced [1] - As market expectations for a potential interest rate cut by the Federal Reserve rise, there is an anticipated increase in domestic monetary policy space [1] - The real estate sector is entering the "Golden September and Silver October" sales season, with expectations for property companies to accelerate their sales efforts in core cities, leading to a potential rebound in market activity [1]