二手房信心修复 | 京穗超七成小区涨价，刚需类小区首现升温信号

Core Viewpoint - The real estate market is showing positive changes, with 56% of residential communities in core cities experiencing a month-on-month increase in housing prices, indicating a recovery in market confidence [2][12]. Group 1: Market Trends - In February, 56% of monitored residential communities saw a month-on-month price increase, up 6.7 percentage points from the previous month, signaling a clear bottoming out of prices [3][12]. - The number of high-frequency trading communities has increased by 88% year-on-year, reflecting a significant rise in market activity [3][12]. - Major cities like Beijing and Guangzhou lead with 69% and 74% of communities experiencing price increases, respectively, with transaction volumes in these cities rising over 60% year-on-year [5][12]. Group 2: Price Dynamics - The average bargaining space for second-hand homes has decreased to 17.3%, indicating a convergence of expectations between buyers and sellers [8][12]. - In cities like Suzhou, the average transaction price has exceeded the listing price for two consecutive months, highlighting a shift towards premium properties becoming the main focus of transactions [9][12]. Group 3: Buyer Sentiment - The market is witnessing a recovery in the first-time buyer segment, with over half of the communities in this category experiencing price increases for the first time since September 2024 [11][12]. - The bargaining space for first-time buyer communities has narrowed to 19%, marking a significant shift in buyer confidence [11][12]. - The current market cycle is characterized by improved expectations, increased transaction volumes, and price stabilization, suggesting a positive outlook for the real estate sector [13][12].