“深圳楼市抹去10年内所有涨幅”

Core Viewpoint - The cryptocurrency market, particularly Bitcoin, has experienced a significant downturn, erasing all gains made in 2023, while the Shenzhen real estate market has also seen a substantial decline, reverting to levels not seen since 2016 [1][5]. Group 1: Cryptocurrency Market - Bitcoin has fallen below $94,000 in November, resulting in the liquidation of over 150,000 traders globally within a 24-hour period [1]. Group 2: Shenzhen Real Estate Market - The Shenzhen real estate market has erased all gains from the past decade, with prices returning to levels seen in early 2016 [5]. - In 2015, the average price of new homes in Shenzhen reached 33,426 yuan per square meter, a year-on-year increase of 39.4%, with transaction volumes and values significantly higher than in subsequent years [3]. - By 2025, some neighborhoods have seen price declines of 50% to 60% compared to peak levels [5]. - The overall housing price in Shenzhen has reverted to levels from February to March 2016, effectively negating the price increases from 2015 [5]. Group 3: Regional Performance in Shenzhen - Nanshan District has shown the strongest resilience, maintaining prices at mid-2018 levels [6]. - Longhua District has seen prices drop back to levels from March to May 2016 [7]. - Bao'an District's prices are stable, reflecting levels from 2017 to 2018 [8]. - Longgang District has been the most affected, with prices returning to levels from July to September 2015, although certain core areas show resilience [10]. - Luohu District's prices have fallen to levels seen in July 2015 [12]. Group 4: Market Characteristics - Three notable characteristics of the Shenzhen market include: 1. Areas supported by industry and education show the strongest price resilience [14]. 2. The quality of the property and its age are significant factors influencing prices [14]. 3. A profound value reassessment is occurring, widening the wealth gap between early and new homebuyers [14]. Group 5: Market Trends - The market is stabilizing, with many sellers adopting a wait-and-see approach [15]. - In November, 50.6% of second-hand listings in Shenzhen saw price declines, while 25.9% experienced price increases [16].