最新！7月70城房价出炉！

Core Viewpoint - The real estate market in China is showing signs of stabilization, particularly in first-tier cities, while second and third-tier cities are beginning to show marginal improvements in the second-hand housing market [2][5][6]. Group 1: Price Trends - In July, the year-on-year decline in new home prices in first-tier cities narrowed to 1.1%, with Shanghai experiencing a significant increase of 6.1% [4][5]. - The month-on-month decline in new home prices for first-tier cities was 0.2%, a reduction of 0.1 percentage points from the previous month [3][5]. - Second and third-tier cities saw new home prices decline by 2.8% and 4.2% year-on-year, with declines narrowing by 0.2 and 0.4 percentage points respectively [4][5]. Group 2: Market Dynamics - The real estate market is currently in a seasonal adjustment phase, with July and August typically being slow months [2][5]. - First-tier cities are showing signs of price stabilization in the new home market, while second and third-tier cities are beginning to see improvements in the second-hand market [5][6]. - The number of cities with rising new home prices increased to 6 in July, with Shanghai and Urumqi leading with a 0.3% increase [3][4]. Group 3: Future Outlook - Experts believe the trend of stabilization in the real estate market will continue, supported by policy adjustments aimed at restoring the housing market's fundamentals [6][7]. - The ongoing supply-side reforms are expected to shift focus towards affordable housing and urban renewal, which could drive demand for new homes [7]. - The increasing proportion of second-hand home transactions indicates a shift towards a "stock era," with significant potential for young and new urban residents to enter the market [7].