Core Viewpoint - The article emphasizes the need for a new model of real estate development to stabilize and promote healthy growth in the real estate market, as highlighted in a recent State Council meeting led by Premier Li Qiang [3]. Group 1: Real Estate Policy Developments - The State Council meeting called for a focus on long-term strategies and the establishment of foundational systems to support real estate development [3]. - There is an emphasis on the construction of "good houses" and the integration of urban renewal mechanisms to enhance policy coordination across planning, land, finance, and other areas [3]. - The meeting proposed a nationwide assessment of supplied land and ongoing projects to optimize existing policies and improve their effectiveness [3]. Group 2: Local Government Initiatives - Guangzhou's proposal to eliminate restrictive measures and reduce down payment ratios and interest rates aims to stimulate consumer demand in the housing market [4]. - The plan includes significant investments in the renovation of old residential areas and the construction of new projects, with a target of over 150 old residential area renovations and 9,000 elevator updates by 2025 [4]. - The initiative to use special loans for purchasing existing commercial housing as resettlement housing is expected to further support the real estate sector [4]. Group 3: Market Performance and Data - The market performance indicators show a decline in the CITIC building materials index by 2.16% and the CITIC construction index by 1.27% [5]. - The average price of national PO42.5 cement increased slightly to 365.70 yuan/ton, while the national cement enterprise shipment rate decreased by 2.3 percentage points [5]. - Glass prices fell to 1,203 yuan/ton, with a slight decrease in inventory levels [6].
【建筑建材】国常会再提构建房地产发展新模式，更大力度推动房地产市场止跌回稳——建材建筑及基建公募REITs周报（孙伟风）
光大证券研究·2025-06-16 13:39