对于房地产市场来说，一线城市具有"风向标"意义。 乐有家研究中心的数据则显示，截至8月11日，8月以来深圳门店二手住宅看房成交率为4.22%，相较7 月上涨0.26个百分点，显示客户正加速"抄底"。据深圳贝壳研究院监测，8月上旬日均签约量较7月增长 6.4%，与去年同期相比增长32.5%。 不过，市场从业者的"体感"却有所不同。"定价权更为灵活的二手房更能反映楼市实际情况。"记者在深 圳罗湖和龙岗区采访时，多位资深二手房中介经理对记者表示，目前的二手房市场还是"以价换量"，除 了少数热门次新房小区、总价低的刚需盘以及优质学区房的成交量维持一定热度，其他房源的成交依旧 面临一定压力，前期的政策放松效果已经开始淡化，多数购房者仍在期待新的政策。 深圳中原研究中心的数据显示，8月宝安和龙华区将有新盘扎堆入市。一家深圳本地房企的营销负责人 告诉记者，公司在深圳还有几个在售楼盘，但仍准备推新货来"赌一赌"时间窗口：如果近期有楼市政策 的新消息，希望可以追上一波销售"小高潮"。 广东省住房政策研究中心首席研究员李宇嘉指出，7月是楼市的传统淡季，而且从6月开始政策端"真 空"特征显现，增量政策落地低于预期，市场就开始呈现下 ...

对于房地产市场来说，一线城市具有"风向标"意义。 近日，北京提出一系列放松楼市限购的举措，引发广泛关注。 数据显示，8月以来，深圳二手房市场开局势头较好。近期，记者走访了深圳多区房地产市场，从受访情况来 看，市场从业者的"体感"却有所不同，均希望出台更多的优化政策，以提振市场情绪。 楼市"体感"不一 尽管7月和8月是楼市传统的淡季，但进入8月以来，深圳二手房市场的交易量却出现良好开局。深圳市房地产 中介协会发布的数据显示，8月以来两周，深圳二手房录得量连续出现小幅增长，上周（8月4日—8月10日） 全市二手房（含自助）录得1216套，环比增长2.7%。 乐有家研究中心的数据则显示，截至8月11日，8月以来深圳门店二手住宅看房成交率为4.22%，相较7月上涨 0.26个百分点，显示客户正加速"抄底"。据深圳贝壳研究院监测，8月上旬日均签约量较7月增长6.4%，与去 年同期相比增长32.5%。 不过，市场从业者的"体感"却有所不同。"定价权更为灵活的二手房更能反映楼市实际情况。"记者在深圳罗湖 和龙岗区采访时，多位资深二手房中介经理对记者表示，目前的二手房市场还是"以价换量"，除了少数热门次 新房小区、总价低的刚 ...

Core Viewpoint - The current state of China's real estate market in 2025 shows that despite relaxed policies and attractive mortgage rates, housing prices are not increasing as expected, with significant declines in some areas [1][3]. Policy Changes - As of 2025, 132 cities have relaxed housing policies, with down payments reduced to 15% and first-home mortgage rates as low as 3.25% [3]. - In Hefei, the complete removal of purchase restrictions resulted in only a 7% increase in residential transactions compared to April, significantly lower than the 30% increase seen in 2020 [3]. Market Performance - A project launched in 2023 with 1,200 units sold only 312 units over two years, resulting in a sales rate of less than 26% [5]. - Nationwide, there is a housing inventory of 782 million square meters, which, at the current sales pace, would take 14 months to sell out, with inventory increasing by 5.2% monthly [5]. Price Disparities - In major cities like Beijing and Shanghai, slight price increases were observed, with Dongcheng and Huangpu districts seeing increases of 0.3% and 0.5%, respectively, due to limited new supply [7]. - In contrast, cities like Dongguan and Changzhou experienced significant price drops, with new home prices falling by 18.3% compared to their peak in 2023 [7]. Buyer Sentiment - First-time homebuyers and investors have differing perspectives, with first-time buyers more concerned about price guarantees and developers' reliability [9]. - Data indicates that the average time to resell a property has increased to 6.8 years in 2025, compared to 3.2 years in 2019, making short-term profit from property sales unlikely [9]. Developer Trust Issues - Ongoing issues with delayed property deliveries have led to buyer skepticism, with 23 cities still facing unresolved overdue delivery projects as of June 2025 [11]. - This lack of trust in developers has diminished the effectiveness of policy measures, with transaction volume increases significantly lower in 2025 compared to 2020 [11]. Future Outlook - Core cities may see slight price increases, while third and fourth-tier cities are likely to experience further declines [13]. - The era of significant wealth accumulation through real estate investment may be over, although first-time buyers may benefit from more negotiating power [13].