有人预测，如果不出意外，今明两年，房产有可能发生3大变化

Core Viewpoint - The real estate market in China is undergoing significant changes, with a shift from new home sales to a focus on existing homes, a changing perception of renting versus buying, and increasing differentiation between cities and districts [3][45]. Group 1: Changes in Real Estate Market Dynamics - Change 1: New homes are losing prominence as the market shifts towards selling existing homes, with data indicating that the total housing stock in China is nearing 600 million units, and there are approximately 7.5 billion square meters of new homes for sale [5][7]. - The proportion of second-hand home transactions is increasing, with around 45% of total housing transactions being second-hand by late 2025, and in major cities, second-hand home sales have surpassed new home sales [9][11]. - The trend towards "现房销售" (selling existing homes) is gaining traction, with over one-third of total sales now being existing homes, indicating a shift in buyer preferences towards properties that are easier to sell or rent in the future [13][15]. Group 2: Changing Attitudes Towards Renting - Change 2: The perception that buying a home is essential is gradually changing, with the government promoting a "租购并举" (rent and purchase simultaneously) policy to make housing more accessible [17][19]. - Initiatives include large-scale construction of affordable rental housing, with cities like Chongqing and Wuhan setting ambitious targets for new rental units [20][22]. - Legal frameworks for housing rentals are being established, such as the implementation of the "Housing Rental Regulations" in September 2025, which aims to create a more regulated rental market [24][26]. Group 3: Differentiation Among Cities and Districts - Change 3: There is a growing divide in real estate performance between different cities and districts, with first-tier cities like Beijing and Shanghai seeing strong demand and price stability, while many third and fourth-tier cities face high inventory and low demand [31][33]. - The market is no longer characterized by uniform price increases; instead, properties in core locations with strong amenities are performing better, while less desirable areas struggle with sales [35][37]. - Buyers are now advised to be more strategic, focusing on population growth and economic support in their chosen locations, as poor decisions can lead to long-term financial burdens [39][41].