每经记者｜陈荣浩 每经编辑｜金冥羽 陈梦妤 争取今年上半年敲定。 深圳楼市迎来新年首个观察窗口期。 自2025年8月以来，深圳市龙华区民治街道鹏宸云筑西区地块的多栋房源陆续加推，刚需购房者陈磊在中介推荐下，趁元旦假期前往项目看房。 陈磊告诉《每日经济新闻》记者（以下简称每经记者），目前一家五口人租住在宝安沙井片区套内面积约50平方米的小三居室，房屋略显拥挤，且对学位 需求也愈发迫切，过去大半年断断续续在看房。 "我们是500万元以内的预算，之前主要在看龙华和宝安两大片区的新房，但一直没有选定合适房源。"陈磊提到，去年2月差一点就"上车"了，即龙华片区 中洲迎玺82平方米房源，当时总价约411万—457万元，折合单价约4.97万—5.57万元/平方米。但因抢购人数太多，未能选到合适的房源。 2026年1月1日，每经记者陪同陈磊实地探访了鹏宸云筑、联发臻著雅居、招商雍境二期名邸等多个楼盘。其中，鹏宸云筑和招商雍境均为加推房源，联发 臻著雅居正陆续交房，仅剩几套尾房。 看房大半年依然纠结 陈磊的购房经历，也是当下不少刚需购房者的缩影。 据陈磊描述，他在福田梅林片区上班，爱人在南山科技园上班，目前双方都已缴满7年社保 ...

Group 1 - The core issue of the real estate market is the phenomenon of "mortgage inversion," where homeowners owe more on their mortgages than their properties are currently worth, leading to a trend of "selling loans" [1][3] - A significant increase in "mortgage inversion" cases has been observed, with a reported 3.7% of properties in major cities classified as negative assets, doubling from the previous year [3] - Banks are implementing measures to mitigate risks associated with mortgage inversion, such as extending repayment periods and temporarily halting principal repayments [3] Group 2 - The current market is characterized by the "deflation of bubbles," where the decline in property prices is seen as a correction of inflated values rather than a total market collapse [5][7] - Certain core areas in cities like Beijing and Shanghai have shown slight price increases, indicating that properties with intrinsic value based on location and amenities are less affected by the downturn [7] - Properties that were previously overvalued due to speculation are experiencing significant price drops, with some luxury properties losing over 40% of their value [7] Group 3 - Various government policies aimed at stabilizing the market have been enacted, including lowering down payment requirements and reducing mortgage interest rates, but the effectiveness of these measures is questioned [7][9] - A report indicates that the majority of household wealth is tied up in real estate, leading to a lack of confidence in future income and reluctance to take on long-term mortgages [9] Group 4 - The real estate market is expected to remain in a "bottoming" phase, with only structural stabilization anticipated in 2026, particularly in core urban areas [9][11] - Maintaining cash flow is emphasized as crucial for financial stability, with a growing trend of increased savings rates among residents indicating a shift towards prioritizing liquidity over property ownership [11] - The overarching message is that true security comes from financial resilience rather than property ownership, as the market continues to face challenges [11]