一线城市新房价格同环比降幅收窄，专家认为未来楼市止跌回稳趋势不变

Core Viewpoint - The trend of stabilizing the real estate market is expected to continue, with signs of recovery in major cities and marginal improvements in second and third-tier cities [5][7]. Summary by Sections Real Estate Market Performance - In July, the price decline of new homes in first-tier cities narrowed, with a month-on-month decrease of 0.2%, a reduction of 0.1 percentage points from the previous month [3]. - Second and third-tier cities saw a month-on-month decline of 0.4% and 0.3% in new home prices, respectively, with the decline in second-tier cities expanding by 0.2 percentage points [3]. - The second-hand housing market in first-tier cities experienced a month-on-month decline of 1.0%, which is an increase in the decline by 0.3 percentage points compared to the previous month [3]. Year-on-Year Price Changes - Year-on-year, new home prices in first-tier cities fell by 1.1%, with Shanghai showing a significant increase of 6.1% [4]. - The number of cities with year-on-year price increases for new homes rose to five, with Shanghai leading the way [4]. Market Insights and Expert Opinions - Analysts indicate that July and August are typically off-peak months for the real estate market, and the market is still in an adjustment phase [6]. - The differentiation among cities is becoming more pronounced, with first-tier cities showing signs of stabilization in new home prices, while second and third-tier cities are beginning to show marginal improvements in the second-hand market [6]. - The ongoing supply-side reforms are expected to shift focus towards affordable housing and urban renewal, which could support the stabilization of new home prices [7][8]. Future Outlook - Experts believe that the trend of stabilizing prices will continue, supported by factors such as improved housing policies and the increasing proportion of second-hand home transactions [7][8]. - The potential for housing demand remains strong, particularly among new urban residents and young people, as lower prices make home ownership more accessible [8].