【新华解读】我国房地产市场积极变化持续显现 止跌回稳尚需加力

Core Viewpoint - The Chinese real estate market is showing signs of stabilization and improvement despite fluctuations caused by domestic and international factors, as indicated by the National Bureau of Statistics' report on the first eight months of the year [1]. Group 1: Sales and Price Trends - The sales data for the real estate market in the first eight months of the year is better than last year, with new residential sales area down by 4.7%, a reduction of 13.3 percentage points compared to the same period last year [1]. - The sales revenue for commercial housing decreased by 7.3%, with a narrowing of the decline by 16.3 percentage points compared to the previous year [1]. - In August, the year-on-year decline in new residential prices in first, second, and third-tier cities narrowed by 0.2, 0.4, and 0.5 percentage points respectively [2]. Group 2: Inventory and Funding Conditions - The funding situation for real estate companies has improved, with total funding down by 8% in the first eight months, a reduction of 12.2 percentage points compared to the previous year [3]. - The inventory of unsold commercial housing decreased by 3.17 million square meters at the end of August compared to the end of July, marking six consecutive months of decline [3]. - Domestic loans for real estate companies have shown an accelerated growth rate, indicating an overall improvement in credit funding sources [3]. Group 3: Policy and Market Outlook - Recent policies in major cities like Beijing, Shanghai, and Shenzhen have relaxed housing purchase restrictions in non-core areas, aiming to boost the local real estate market [4]. - The government has emphasized the need for strong measures to consolidate the stabilization of the real estate market, with expectations for further supportive policies to be implemented [3][4].