对于像小颖、艾米、郭伟这样的城市青年而言，保障房体系正 在扩展，但短期内仍难以替代市场化住房供给，他们的居住选 择需要根据自身情况在保障房和商品房之间寻找平衡。 作者：田国宝 封图：图虫创意 小颖在深圳工作多年，2020年结婚，2022年在深圳郊区购买了一套安居型商品房，2024年底搬 入新家。在安居房住了一年多，小颖整体比较满意，她说，这些年受够了频繁搬家的租房生活。 郭伟在北京一家文化公司上班，工作两年多，仍需要家里不时贴补。他住在公司附近的一处保租房 公寓内，20多平方米的单间配有独立卫生间，公寓里还有健身房、食堂等公共空间。他说，不排 斥一辈子租房住。 艾米在上海一家科技企业工作，一直住公司宿舍。2020年在享受人才补贴的基础上购买了一套远 郊区的商品房。新房具备入住条件后，为了省时间，她平时仍住在宿舍，直到2025年下半年，她 退掉了宿舍，回到自己的房子居住。 小颖、艾米都是90后，郭伟是00后。他们生活在不同的城市、从事不同的行业，但在职业起步阶 段，住房问题成为影响他们生活质量与发展预期的核心变量。 过去十几年，中国城镇住房市场主要依靠商品房和二手房来满足绝大多数居住需求。随着房价持续 高企、年 ...

Group 1 - The core announcement is that Guangzhou's Nansha District plans to invest 290 million yuan to purchase 20,000 square meters of commercial housing to be used as resettlement housing [1] - The procurement requires that the commercial housing must be newly built, fully decorated, and completed but unsold, with a price not exceeding 14,500 yuan per square meter [4][3] - The housing must have clear ownership, no disputes, and be suitable for residential or mixed-use purposes, with specific requirements for unit types and sizes [4] Group 2 - Last year, Nansha District initiated a large-scale pilot program for "stock commercial housing resettlement," successfully providing around 2,100 units as resettlement housing [4] - The Guangzhou Anju Group has announced the first batch of 785 units of affordable housing for sale this year, with the "Wanglu Garden" project offering units at a base price of 22,800 yuan per square meter [5] - The city is also focusing on converting idle commercial office properties into affordable rental housing, with 664 units already transformed [7] Group 3 - The Guangzhou Housing and Urban-Rural Development Bureau aims to broaden channels for constructing affordable housing, emphasizing the conversion of existing stock [8] - Other cities like Shenzhen, Shanghai, and Jinan are also engaging in similar initiatives to revitalize stock housing resources [8] - Industry experts suggest that these initiatives can alleviate inventory pressure and enhance the housing security system, with state-owned enterprises expected to renovate acquired properties for rental purposes [9]

2024年伊始，国内房地产市场依旧在调整的轨道上运行。数据显示，截至四月，全国百城二手住宅平均价格已跌至每平方米14975元，环比下降0.75%，这 一跌势已连续维持了24个月。与此同时，多地二手房挂牌量屡创新高，重庆挂牌量已突破27万套，天津超过19万套，苏州约17.78万套，北京也逼近14.7万 套。 为了激活市场，各地救市利好政策持续不断。限购令在许多城市已形同虚设，银行方面也纷纷降低房贷利率，目前许多地区的房贷利率已下探至4%以下。 更有如南京、厦门等城市，允许购房者动用公积金账户中的资金来支付购房首付款。种种迹象表明，政策导向明显是在鼓励购房者入市。 面对房地产市场扑朔迷离的局面，国内存在两大主流观点。看多者认为，在政策利好频出的当下，"抓紧买房"正是绝佳时机。然而，看空者则认为，这些政 策利好对楼市的提振作用仅能维持短期，难以扭转楼市长期下滑的大趋势。他们坚守"在房价回归合理水平之前绝不出手"的原则，并认为在接下来的日子 里，"继续存款"才是最稳妥的选择。 我们认为，当前市场上出现的四大现象，已经为楼市走向提供了清晰的答案：其一，房地产市场已然过剩；其二，大规模的救市措施未能达到预期效果；其 三， ...

点击注册小程序 查看完整报告 截至2025年公募基金持有房地产业股票组合（证监会行业）总市值388亿元（2025年三季度末为558亿 元），占净值比例0.10%（2025年三季度末为0.15%），占股票投资市值比例0.43%（2025年三季度末为 0.62%），相对于标准行业配置比例低配0.67个百分点（2025年三季度末为0.64个百分点）。 1）1月15日，央行宣布各类再贷款一年期利率从1.5%下调到1.25%，央行2024年5月设立的3000亿元保障 性住房再贷款利率同步降至1.25%。 2）1月22日，上海奉贤发展（集团）在公众号发文，"以旧换新"服务已完成首批50组家庭的正式登记，建 立动态轮候机制，目前有14组家庭进入轮候（如前50组家庭因故退出，轮候家庭按顺序递补）。1月25 日，杭州富阳乐居（杭州富阳城市建设投资集团下属全资子公司）推出商品住房"以旧换新"，由富阳乐居 收购符合条件的旧房，并向旧房权属人（简称"换房人"）发放"以旧换新抵价券"（旧房收购成交价格） 及"以旧换新购房券"用于换房人购置新房。 3）2026年2月2日，上海浦东、静安、徐汇三区和建设银行上海分行进行签约，收购二手住房用 ...

Core Insights - In January 2026, the total sales of the top 100 real estate companies in China reached 190.52 billion yuan, reflecting a year-on-year decline of 18.9%, consistent with the decline observed throughout 2025 [1][2] Group 1: Sales Performance - The sales performance of the top 100 real estate companies in January 2026 indicates a total sales amount of 190.52 billion yuan, with a year-on-year decrease of 18.9%, maintaining stability compared to the previous year's overall decline [1] - The equity sales amount for the top 100 companies was 132.14 billion yuan, with an equity sales area of 6.548 million square meters [1] Group 2: Company Dynamics - The number of companies with sales exceeding 10 billion yuan decreased by 2 to 3, while the number of companies with sales exceeding 5 billion yuan increased by 2 to 10 [2] - The average sales for the top 10 companies was 9.33 billion yuan, while the average for companies ranked 11-30 was 2.6 billion yuan, and for those ranked 31-50 was 1.03 billion yuan [2] Group 3: Industry Trends - The real estate industry is undergoing adjustments, with a shift from "scale competition" to "quality competition," which is expected to concentrate resources on outstanding companies and enhance the industry's resilience [2] - Various cities, including Beijing, Chongqing, Shanghai, and Suzhou, have released "14th Five-Year" planning suggestions focusing on new development models, increasing affordable housing supply, and improving safety management systems for housing [2]

同样告别"将就生活"的还有37岁的骑手程卉亮。曾干过房产中介的他，起初看到骑手公寓月租700元全 包的消息时，第一反应是"不可能"。连夜实地查看后，他当即退掉了合租房，入住骑手公寓。"以前整 天在楼缝胡同里穿梭，眼前都是灰蒙蒙的，现在能晒着太阳看看远方，心都跟着敞亮了。"程卉亮说。 一间安心房 （来源：工人日报） "以前觉得在北京就是漂着，现在有了安稳的住处，心里才算落了底。"1月26日，北京市人大代表、外 卖骑手高丰在审议政府工作报告时动情地说。这位曾为新就业形态劳动者住房问题奔走呼吁的人大代 表，见证着越来越多同行告别"居无定所"的窘迫。 1月25日，北京市十六届人大四次会议召开，北京市政府工作报告中首次提出，2026年将增加"一张床、 一间房、一套房"产品供应，重点改善城市运行服务保障人员居住条件，这一新政让无数像高丰一样的 新就业形态劳动者倍感温暖。 从"住得了"到"住得好"，从零散租住到品质社区，北京通过盘活存量资源、创新供给模式，为外卖骑 手、快递员等新就业形态劳动者勾勒出安居蓝图。2025年北京发布的保障性住房建设筹集计划中，第二 批计划加大了对青年人才、新就业形态劳动者群体的房源供给，保租房" ...

Core Viewpoint - The government will initiate a systematic acquisition of old residential properties starting in 2026, aimed at stabilizing the housing market and improving living conditions for citizens [1][3]. Group 1: Policy Background - The acquisition initiative is a shift from previous policies focused on demolition and compensation, now emphasizing "stabilizing the housing market and benefiting people's livelihoods" [3]. - Since 2023, the government has been signaling a focus on "stabilizing the housing market, ensuring delivery of homes, and promoting consumption" [5]. - The policy aims to address the issue of unsold inventory by transitioning from merely reducing stock to improving housing quality and stimulating demand for upgrades [5][8]. Group 2: Target Properties - The acquisition will primarily target old residential buildings, particularly those built over 20 years ago, with a focus on smaller units (40-90 square meters) in urban areas [25][26]. - Properties that were previously used as worker dormitories or company housing, which lack proper management and have poor living conditions, are also likely candidates for acquisition [27][28]. Group 3: Implementation and Flexibility - Several cities, including Jinan, Haikou, and Hangzhou, have already begun pilot programs for the acquisition of old properties, indicating a broader national trend [10][11][12][13]. - The acquisition process will not require homeowners to purchase new properties in a bundled manner, allowing for greater flexibility in how they use the proceeds from the sale [18][30]. Group 4: Market Impact - The initiative is expected to release pent-up demand for housing upgrades, as homeowners will have the opportunity to sell properties that are difficult to market [20][21]. - It aims to shift market expectations positively, as government involvement signals a commitment to stabilizing the housing market [22]. - The acquisition mechanism may serve as a model for other cities, potentially leading to a wave of similar policies across the country by 2026 [23]. Group 5: Future Prospects - The current acquisition policy may be just the beginning, with potential future expansions into areas such as small town renovations and the conversion of industrial properties into residential units [30]. - The initiative could also integrate with other policies related to urban renewal, affordable housing, and talent attraction, creating a more comprehensive approach to housing issues [30].

近日，市住房和建设局发布通告，对深铁睿著广场项目可售人才房的合格申请家庭名单进行公示。该项目共收到375户家庭的认购申请，经市住房保障署 核查，合格申购家庭为355户，而此次提供房源32套，房源与合格家庭的申购比高达约1:10。 封闭管理新政催生"末班车效应" 睿著广场项目位于光明区新湖街道光辉大道与华夏路交汇处，开发建设单位为深圳地铁集团。该项目共有面向人才配售住房32套，位于项目1栋一单元， 全部为三房户型，建筑面积约86-88平方米。配售均价为25500元/平方米(按建筑面积计算，不含室内装修)，住宅塔楼为装配式建筑，预计交付时间为2026 年12月31日前。 记者了解到，睿著广场项目商品房于去年12月正式开售，开盘首日仅2小时就销售了150套，去化率达66%，成为去年底深圳楼市"现象级"热销案例。 继今年首个安居房项目铭著坊以1:3.6的高申购比成为市场焦点后，深圳今年推出的首个可售人才房项目——深铁睿著广场的申购热度再次刷新纪录。 认购申请家庭如发现公示信息与实际情况不符或发生变化的，应于公示期内登录市住房和建设局网站变更相关信息。网上提交认购申请后至签订买卖合同 前婚姻发生变化属于离婚情形的，申请 ...

2026年第3周(1.19-1.25)，自然资源部，住建部发文支持城市更新，鼓励利用存量土地，房产资源发展国家支持产业，行业，住建部长在接受采访时表 示，2026年重点抓好两方面工作， 一是有序推动"好房子"建设， 带动产业链升级，谁能为群众建设"好房子"，提供好服务，谁就能有市场，有发展， 有未来。 二是加快构建房地产发展新模式， 重点是有序搭建房地产开发，融资，销售等基础制度。 地方层面，本周有14个省市出台了稳市场政策，"城市更新"和"保障房"成为本周地方政策关键词。城市更新方面，上海，苏州，珠海等地公布了"十五 五"规划建议，高质量开展城市更新，深化要素市场化配置两项工作，均独立于房地产单列，放在了更加重要的位置。陕西省，湖南省召开省住建会议， 同样聚焦城市更新，推动房地产高质量发展。大连发布今年城市更新计划，计划改造面积超100万平方米，并推进老旧住房自主更新，探索原拆原建新模 式。保障性住房方面，广州政府工作报告明确：2026年将进一步优化保障性住房供给体系，筹集建设保障性住房3万套。深圳印发配售型保障性住房管 理办法，实施严格封闭管理。海口住建局公开征集存量商品住房用作保障性租赁住房房源，原则上 ...

2026中国租住资管论坛 5年内销售面积下降53%，新开工面积下降71% 12月新房市场呈现 "跌势收敛、分化加剧" 态势 58安居客领先指数 显示新房找房热度近三年阶 梯下滑，当前已至历史低点，需求触底 0.94 0.77 0.73 0.66 0.59 2021 2022 2023 2024 2025 销售面积 新开工面积 供求比 2020-01 58 安居客研究院 ANJUKE INSTITUTE 58安居客研究院 张波 院长 2 58安居客研究院 07 "市场+保障"双轨制下,新阶段蕴含新机遇 2023年均挂牌181万→2025年均259万，+43% 7.32亿方 4.3亿方 0 10 20 30 40 50 60 70 2020-04 2020-07 2020-10 2021-01 2021-04 2021-07 2021-10 202 -01 202 -04 202 -07 202 -10 2023-01 2023-04 2023-07 2023-10 2024-01 2024-04 2024-07 2024-10 2025-01 2025-04 2025-07 2025-10 环比下降城市 环比持 ...