市场周报 | 两会报告定调“着力稳市场”，30城第9周成交环比再降14%（2026.3.2-3.6）

Core Viewpoint - The article emphasizes the Chinese government's commitment to stabilizing the real estate market, with a focus on tailored policies for different cities to control supply, reduce inventory, and optimize housing supply, indicating a shift towards ensuring housing security and high-quality development in the sector [1]. Group 1: Central Government Policies - The government work report from the two sessions highlights the need to stabilize the real estate market, reiterating the importance of city-specific policies to control supply, reduce inventory, and optimize housing supply [1]. - The "14th Five-Year Plan" draft emphasizes promoting high-quality development in real estate, positioning it as a key area for public welfare rather than merely a risk mitigation strategy [1]. - The report calls for enhanced housing security for newly married and childbearing families, linking housing policy with population development strategies [1]. Group 2: Local Government Initiatives - Shenzhen has introduced new regulations that exempt certain urban renewal projects from mandatory affordable housing requirements [2]. - Zhengzhou is promoting the development of prefabricated housing, allowing for a 20% increase in housing provident fund loan limits for these properties [2]. - Nanchong has implemented new policies to support first-time marriages, providing a one-time interest subsidy based on 1% of the loan amount [2]. Group 3: Market Performance - In the 9th week of 2026, the transaction volume of new residential properties in 30 major cities decreased by 14% compared to the previous week and by 58% year-on-year, indicating a continued low absolute volume [5][7]. - First-tier cities are experiencing the largest declines in transaction volume, while second-tier cities have shown a quicker recovery post-holiday, with a 15% decrease compared to the average for the year [6][7].