杭州二手成交量居然回涨了，全靠低价刚需房？

Core Insights - The second-hand housing market in Hangzhou has shown signs of recovery in November after six months of declining transactions, with a total of 6,561 units signed, representing a month-on-month increase of 10.6% [1] - This increase, while not as high as in previous years, marks the third-highest transaction volume in the last five years, indicating a potential rebound in market confidence [1] Group 1: Market Dynamics - The recovery in November was driven by two main categories of properties: low-priced homes and school district properties [1][4] - Low-priced homes, particularly those with average transaction prices below 25,000 yuan, accounted for 16 out of the top 20 neighborhoods, with many transactions occurring in areas like Qiantang District [1][4] - School district properties also performed well, with only four neighborhoods exceeding an average price of 25,000 yuan, highlighting the influence of educational institutions on property demand [4] Group 2: Competitive Landscape - The absence of popular new properties in the transaction rankings suggests a shift in buyer preferences towards more affordable options, as many high-priced new homes have been sold out or are facing reduced demand [4][5] - The competitive nature of the new housing market, with many developers aggressively launching new projects, is expected to impact second-hand housing sales negatively in December [7] - However, the trend of low-priced homes becoming the mainstay of transactions may mitigate the impact of new housing competition, as these properties are less affected by price fluctuations [7][8] Group 3: Future Outlook - December is typically a busy month for the housing market, but the dynamics this year may differ due to the established demand for low-priced homes [7] - The proportion of second-hand homes sold for under 2 million yuan reached 53.3%, the highest in nearly seven years, indicating a strong market for affordable housing [7] - The overall sentiment in the market is improving, with new residents in Hangzhou looking to purchase homes, which may sustain transaction levels even if they do not surpass November's figures [8]