楼市最后防线破了？结婚人数增多、居民存款率却在下降，什么信号

Group 1: Real Estate Market Changes - The recent loosening of purchase restrictions in Beijing and Shanghai marks a significant shift in the real estate market, which had previously maintained strict controls [2][4] - The new policies primarily target suburban areas, indicating a strategy to redirect buyers away from core urban zones, as local governments struggle with declining land sale revenues [4][6] - In Suzhou, the removal of a two-year resale restriction has led to a surge in second-hand property listings, with a notable increase of over 3,000 listings within 24 hours, while prices have dropped by 11.8% [7][9] Group 2: Marriage Trends - The marriage registration numbers saw a surprising rebound in 2025, with 353.9 million couples registered, a 10.9 million increase from the previous year, largely due to policy changes that simplified the registration process [15][18] - The increase in marriage registrations is not indicative of a genuine desire to marry among young people, as the underlying demographic trends show a decline in the eligible population [20][25] - The rise in marriage numbers is accompanied by an increase in divorce rates, suggesting that while more people are marrying, economic pressures and changing social norms are leading to higher divorce rates [20][22] Group 3: Savings and Investment Behavior - A significant drop in household savings of 1.12 trillion yuan in July indicates a shift in consumer behavior, with many opting to invest in higher-yielding financial products rather than keeping money in low-interest bank accounts [27][29] - The trend of "savings migration" reflects a broader reallocation of assets, with funds moving from traditional savings to capital markets, driven by low interest rates and a more favorable investment climate [29][30] - Despite the apparent movement towards investment, the underlying economic conditions remain weak, with traditional sectors like real estate and consumer goods still struggling [30][35]