对话张波：北上广深楼市回暖明显，买房人不用过分执着于“最低价入手”

Core Insights - The real estate market in major cities like Beijing, Shanghai, and Shenzhen is experiencing significant changes due to recent policy relaxations aimed at boosting domestic demand and accommodating external buyers [2][6][10] - There has been a notable increase in housing transactions, particularly in September, with Beijing and Shenzhen reaching their highest transaction volumes in six weeks [6][7] Market Trends - The second-hand housing market is currently in a "price-for-volume" phase, with prices generally declining, while new housing prices in Shanghai have seen an increase driven by high-end projects [3][8] - In August, the transaction volume in the three cities approached 29,000 units, marking an 11% month-on-month increase and a 30% year-on-year increase [6][7] Transaction Characteristics - The types of properties being sold include scarce assets in core areas and lower-priced homes with average quality [3][10] - The market is seeing a shift where properties previously considered "bargains" are now perceived as having high value for money [3][15] Future Outlook - The necessity of retaining purchase restrictions in first-tier cities is emphasized, with a prediction that these restrictions will not be fully lifted in the next one to two years [11][12] - There is potential for gradual adjustments in policies concerning second-hand homes in core areas, which could lead to a more positive market response [10][11] Market Sentiment - Current market sentiment is cautious, with few expecting significant price increases, while the likelihood of drastic price drops is also considered low [17] - The perception of the market is that while opportunities for "bargain" purchases still exist, they are diminishing compared to earlier in the year [15][16]