楼市止跌回稳现阶段性成果 政策仍需“做加法”丨全国两会热点前瞻

Core Viewpoint - The real estate sector is a focal point during the annual Two Sessions, with a clear directive from the Central Economic Work Conference to stabilize the market by 2025, emphasizing the importance of policy implementation and collaboration between local and central governments [1][2]. Group 1: Market Indicators - Multiple indicators show positive changes in the real estate market, with a notable improvement in the sales area of commercial housing since Q4 of last year, including a 35% year-on-year increase in new home sales in first-tier cities in December [4]. - The transaction volume in first-tier cities has shown a significant recovery, with second-hand home prices stabilizing after three months of month-on-month increases, and new home prices rising for the first time since June 2023 [4][5]. - The land market is also reflecting renewed confidence among real estate companies, with over 100 rounds of bidding and high premium land parcels emerging, some with premium rates exceeding 20% and the highest reaching 87.5% [5]. Group 2: Policy Impact - The positive changes in real estate indicators are attributed to a series of policies implemented since late September, which have begun to show results, particularly in first-tier and some second-tier cities [7]. - Experts suggest that maintaining the current positive momentum requires further policy support, including optimizing existing measures and introducing new policies to stimulate demand and supply [9][10]. - Recommendations include lowering housing costs through interest rate cuts, utilizing local government special bonds to acquire idle land, and expanding policies to encourage housing upgrades and improve the role of housing provident funds [10][11].