市场周报 | “沪七条”超预期，50城成交较去年节后首周降25%（2026.2.23-3.1）

Core Viewpoint - The article highlights the recent policy changes in Shanghai and other cities aimed at stabilizing the housing market, including the relaxation of home purchase qualifications for non-local residents and an increase in the maximum public housing loan amount to 3.24 million yuan [1]. Group 1: Policy Changes - Shanghai has fully relaxed home purchase qualifications for non-local residents and raised the maximum public housing loan amount to 3.24 million yuan [1]. - Other cities like Changchun, Weihai, and Hohhot have also introduced policies to optimize public housing loans, focusing on increasing loan limits and supporting family cooperation [1]. - Shenzhen has implemented a new policy for affordable housing, allowing purchases without entering a waiting list [1]. - Hefei has revised its public rental housing management rules, easing educational and social security requirements and streamlining the review process [1]. Group 2: Market Performance - In the 8th week of 2026, the transaction volume of new residential properties in 50 major cities saw a significant increase of 259% month-on-month, but a year-on-year decline of 74% [2]. - The absolute transaction volume remains low, with a 25% decrease compared to the same week last year [2]. - The first-tier cities experienced the largest declines, while second-tier cities showed a quicker recovery, with a year-on-year decline of only 14% compared to the same week last year [3][4]. Group 3: City-Level Analysis - The total transaction area for new residential properties in the 8th week was only 680,000 square meters, with first-tier cities leading in month-on-month growth at 807% [4]. - Shanghai and Shenzhen significantly dragged down the performance of first-tier cities, while second-tier cities like Jinan, Changchun, and Fuzhou achieved substantial growth [4].