本报北京12月23日电(记者廖睿灵)记者从全国住房城乡建设工作会议上获悉，2025年，城市更新取得重 要进展，保交房任务全面完成。 住房城乡建设部有关负责人表示，将进一步发挥房地产项目"白名单"制度作用，支持房地产企业合理融 资需求。城市政府要用足用好房地产调控自主权，适时调整优化房地产政策，支持居民刚性和改善性住 房需求，推动房地产市场平稳运行。 具体来看，38个城市开展老旧住房自主更新、原拆原建。42个城市实施房屋全生命周期安全管理制度试 点。推进好房子、好小区、好社区、好城区建设，开展物业服务领域突出问题集中整治，推动问题整 改。完成106个完整社区试点，建设改造养老、托育等各类服务设施2000多个，新增停车位2.6万个，增 补提升公共活动场地和公共绿地71.3万平方米。 2026年，着力稳定房地产市场有哪些重点？住房城乡建设部方面表示，要因城施策控增量、去库存、优 供给，结合城市更新、城中村改造盘活利用存量用地，推动收购存量商品房用作保障性住房、安置房、 宿舍、人才房等。优化和精准实施保障性住房供应，实施房屋品质提升工程，有序推进"好房子"建设。 ...

Core Insights - The article discusses the high housing price-to-income ratio in several Chinese cities, which is driving young people away due to the unaffordability of housing [1][5][6] Group 1: Housing Price-to-Income Ratio - The housing price-to-income ratio in China reached 10.0 in the first half of 2025, indicating that a typical family would need to save for 10 years without spending to afford a home [5][6] - This ratio has decreased by 26.8% since 2019 but remains significantly above the internationally recognized reasonable range of 3-6 [6][9] - The ratio varies significantly across different city tiers, with first-tier cities at 25.4, second-tier cities at 10.5, and third and fourth-tier cities at 7.4 [9] Group 2: Cities Struggling to Retain Young People - Sanya is highlighted as a city with a high housing price-to-income ratio, where local wages are insufficient to afford housing, leading many young residents to seek opportunities elsewhere [12][14] - Zhengzhou faces similar challenges, where even graduates with master's degrees struggle to find jobs that pay enough to keep up with rising housing costs [18][20] - Xiamen is described as having high housing prices with low average incomes, making it difficult for locals to afford housing, further exacerbated by limited land supply and a focus on tourism [22][24] Group 3: Broader Implications of High Housing Costs - High housing costs lead to increased living expenses, with many young professionals feeling financially strained and unable to save [28][30] - Long commuting times and high work pressure in major cities contribute to the difficulty in retaining talent, with many workers experiencing burnout [30][32] - Some cities are implementing policies to attract and retain young talent, such as housing subsidies and increased affordable housing supply, but the effectiveness of these measures remains uncertain [34][36]

Core Viewpoint - The Chinese real estate market is facing significant challenges, with a sharp decline in sales and an oversupply of properties leading to a cautious buyer sentiment and urgent seller conditions [3][5][8]. Group 1: Market Performance - In 2022, the sales volume of the top 100 real estate companies dropped by 42.1% year-on-year, totaling 672.68 billion yuan, with a monthly sales decline of 34.4% [3]. - The average price of new residential properties in 100 cities was 16,190 yuan per square meter, showing a month-on-month decrease of 0.06%, while the average price of second-hand homes was 15,911 yuan per square meter, with a month-on-month decline of 0.21% [3]. - Major cities like Beijing, Chongqing, and Wuhan saw second-hand home listings exceed 100,000 units, indicating a severe oversupply situation [3]. Group 2: Government Response - The government has implemented various supportive measures, including relaxing purchase and sale restrictions, providing cash subsidies to buyers, and easing financing channels for developers [5]. - Mortgage rates for first-time homebuyers have been lowered to as low as 4.2%, and the down payment ratio has been reduced to 20% [5]. Group 3: Long-term Trends - The housing supply is nearing saturation, with 96% of families owning at least one home, and 41.5% owning two or more, leading to a significant reduction in potential homebuyers [5][6]. - Demographic changes, including an aging population and declining young population, are exacerbating market weakness, as many elderly individuals already own homes and younger individuals may inherit properties [5][6]. - The government's increased focus on affordable housing construction is expected to divert demand from the commercial housing market, further accelerating price declines [6]. Group 4: Market Outlook - As the year-end approaches, market sentiment remains cautious, with buyers holding off on purchases while sellers are eager to sell [8]. - Despite government efforts to stimulate the market, the ability to reverse the current downturn remains uncertain, indicating a challenging environment for the real estate sector in 2023 [8].

Core Viewpoint - The city is implementing a series of policies to promote high-quality development in the real estate sector, focusing on stabilizing the market and meeting housing demand through various measures [2][3][5]. Group 1: Policy Measures - The city has released eight policy measures to maintain a stable real estate market, including financial support, tax incentives, and housing subsidies [2]. - A summer housing promotion event is being held, offering a subsidy of 100 yuan per square meter for purchases in specific districts [2]. - The city is enhancing the role of housing provident funds to support home purchases for recent graduates and critical talent, increasing the maximum loan amount by 200,000 yuan [2]. Group 2: Affordable Housing Supply - The city aims to collect 8,000 units of affordable housing by the end of 2025 through various channels, including acquisition and new construction [3]. - The focus is on supporting state-owned enterprises to acquire suitable existing properties for use as affordable housing [3]. - The guidelines for affordable housing emphasize smaller unit sizes, with a preference for units not exceeding 120 square meters [3]. Group 3: Land and Project Support - The city is facilitating land development by allowing early land delivery for projects that meet certain financial criteria [3]. - A coordinated financing mechanism is being established to support real estate projects, particularly those on the "white list" for financing [5]. - The city is enhancing the quality of urban living environments through urban renewal initiatives and the renovation of dilapidated housing [5].