部分城市二手房业主挂牌积极性回落 市场或出现新一轮博弈

Core Insights - The current sentiment in the second-hand housing market is shifting towards a more cautious and observant stance among homeowners, with many opting to rent out their properties instead of selling them due to declining prices and market conditions [1][2][3] Group 1: Market Trends - Homeowners in Shenzhen are increasingly hesitant to sell their properties, with some reducing their asking prices by nearly 20% but still unable to find buyers [1] - The rental yield for properties has stabilized around 2.5%, prompting some owners to consider renting instead of selling [1] - The number of new listings for second-hand homes in key cities has decreased, with Shenzhen experiencing a year-on-year decline of 35% in new listings [1][2] Group 2: Pricing Dynamics - The average price of second-hand residential properties in 100 cities fell by 0.84% month-on-month and 7.60% year-on-year in October, while the top ten cities saw a month-on-month decline of 0.96% and a year-on-year drop of 4.77% [2] - Homeowners are facing low offers from potential buyers, leading to a reconsideration of their selling strategies, especially among those who do not urgently need cash [2] Group 3: Supply and Demand Structure - The current market is characterized by a "total decline and structural differentiation" in second-hand housing listings, with a shift towards lower-priced, smaller units to meet rigid demand [3] - The market is maintaining relative stability in transactions primarily through price adjustments, but the dual impact of "reluctance to sell" and "wait-and-see" attitudes may lead to a new round of market negotiations [3]