北京二手房市场分析 市场分析 上海二手房市场近期呈现温和回升态势。最新一周（8.18-8.24）成交4,335套，环比增长2.4%，连续两周回升；成交面积同步增长2.3%，套均面积稳定在 82㎡。观察6周数据，成交量在7月底冲高至4,743套后经历短期回调，近两周重拾升势，但仍低于峰值水平。值得注意的是，套均面积从85㎡逐步降至82 ㎡，显示中小户型成交占比提升。当前市场处于调整后的修复阶段，需持续关注后续政策效应及"金九银十"传统旺季表现。 最新完整周度数据（2025-08-18至2025-08-24）： 近四周平均成交：4,367套/周 市场分析 北京二手房市场近期呈现回暖态势。2025-08-18至08-24周成交3,136套，环比增长10.2%，创6周新高。近6周成交量呈现"V型"走势，从2,824套波动回升至 3,136套，市场活跃度明显提升。套均面积稳定在91-93㎡区间，显示刚需户型仍为交易主力。成交面积环比增长11.1%，增速高于成交量，表明改善型需 求有所释放。当前市场呈现量价齐升趋势，预计短期内将维持温和上涨态势。 最新完整周度数据（2025-08-18至2025-08-24）： 上海二手 ...

Core Insights - The Shenzhen second-hand housing market showed a positive recovery trend in August, with a recorded 1,265 transactions in the 33rd week, representing a 4.0% week-on-week increase, marking three consecutive weeks of growth [1] - The transaction structure indicates a shift in buyer preferences, with popular areas being Longgang Central City, Nanshan Qianhai, and Longgang Shuangcheng, recording 49, 43, and 41 transactions respectively [3] - The market is witnessing a significant interest in second-hand homes, particularly those priced below 3 million yuan, which accounted for 29.1% of transactions, up 2.5 percentage points from July [3][4] Market Activity - Data from multiple real estate platforms indicate increased market activity, with a 47% year-on-year rise in second-hand residential contracts from August 1 to 17 [3] - The Beike Research Institute reported a 26.3% increase in second-hand home transactions in the last week, with viewings also rising by 16% [3] - The total number of effective second-hand housing listings in Shenzhen was 76,399 as of August 18, showing a slight decrease of 92 listings from the previous week, indicating a potential improvement in supply-demand dynamics [4] Buyer Preferences - There is a growing interest in "new second-hand" homes, typically 5 to 10 years old, due to their price advantages and the absence of waiting for handover [4] - The price drop in many recently launched second-hand housing projects has created a "price inversion" phenomenon, making them more attractive compared to new homes [4] - The market continues to exhibit a trend of "price for volume," but prices for new second-hand homes have shown signs of recovery, reflecting differentiated performance among various property types [4]

Market Analysis - The Beijing second-hand housing market has recently shown a mild correction, with transactions of 2,845 units in the week of August 11-17, 2025, reflecting a week-on-week decrease of 3.9% [4][6]. - The total transaction area was 260,048.82 square meters, down 5.1% from the previous week, indicating a trend of declining sales after reaching a peak of 2,997 units at the end of July [4][6]. - The average unit area remains stable at 91-93 square meters, suggesting that demand for essential housing products continues to dominate the market [4]. Shanghai Market - The Shanghai second-hand housing market has shown a mild recovery, with 4,233 transactions in the same week, marking a week-on-week increase of 1.9% [9][10]. - The average transaction area decreased slightly to 82 square meters, indicating a rise in demand for essential housing [9][11]. - The market is characterized by stable volume and flat prices, with expectations of continued fluctuations in the short term [9]. Shenzhen Market - The Shenzhen second-hand housing market has shown signs of stabilization and recovery, with 979 transactions, up 8.1% week-on-week, ending a four-week downward trend [14][16]. - The average transaction area has increased to 102 square meters, reflecting a rebound in demand for larger units [14][16]. - The total transaction area rose by 9.2%, indicating heightened activity in larger unit sales [14]. Hangzhou Market - The Hangzhou second-hand housing market has shown stability, with 1,159 transactions, a slight increase of 1.5% week-on-week [19][20]. - The average unit area has narrowed to 102 square meters, suggesting a higher proportion of essential housing transactions [19][20]. - The total transaction area increased by 1.9%, indicating a slight recovery in demand for improved housing [19]. Chengdu Market - The Chengdu second-hand housing market has shown signs of a rebound, with 3,157 transactions, reflecting a week-on-week increase of 5.4% [22][24]. - The total transaction area was 302,399.65 square meters, up 6.5%, indicating a strong market resilience [22][24]. - The average unit area has stabilized at 96 square meters, suggesting an increase in demand for improved housing options [22].

Core Viewpoint - The real estate market in China is undergoing significant structural changes, characterized by a divergence in the second-hand housing market, with first-tier cities experiencing price declines but increased transaction volumes, while lower-tier cities face price corrections and high inventory levels [1][4][6]. Group 1: First-tier Cities - In first-tier cities like Beijing and Shanghai, second-hand housing prices have seen a month-on-month decline of 0.6% to 1.1%, yet transaction volumes have increased, with Beijing's second-hand residential contract volume up by 20.4% year-on-year [4][5]. - The recent policy changes in Beijing, allowing families to purchase unlimited properties outside the Fifth Ring Road, have led to a 40% increase in property viewings in suburban areas, indicating a shift in market dynamics [4][6]. - The "price drop for volume" strategy is reshaping the market landscape in first-tier cities, reflecting the effects of policy relaxation and demand release [4][7]. Group 2: Second and Third-tier Cities - In cities like Hegang and Yumen, second-hand housing prices have plummeted to extremely low levels, yet the time to sell remains over two years, highlighting the severe inventory pressure with 680 million square meters of unsold properties [6][8]. - Developers are resorting to aggressive promotional strategies, such as low down payments and extended payment plans, to alleviate financial pressures, although this may further depress market confidence [6][7]. - The central government's recent policies aim to transition the real estate market from "scale expansion" to "quality improvement," with local governments implementing measures to stimulate demand and enhance housing quality [6][8]. Group 3: Market Outlook - As the traditional sales peak season approaches, there is a potential for increased demand, with reports of a 30% increase in sales speed for projects outside the Fifth Ring Road in Beijing following policy changes [8]. - The competition in the second-hand housing market is evolving, with new standards for desirable properties emerging, such as higher usable areas and smart home features [8][9]. - The ongoing transformation of the second-hand housing market is indicative of broader changes in urbanization, financial stability, and wealth distribution in China, marking a significant turning point in the industry [8][9].

京沪深高端市场热度或将稳中有降 ◎ 文/ 俞倩倩 2025年7月二手房市场成交仍处于缓步下行通道，据CRIC监测数据，2025年7月30个重点城市二手房成交环比下降14%，同比下降 9%，增长动能放缓。究竟当前二手房业主挂牌积极性如何？热点城市中新增挂牌房源有存在哪些结构性分化特征呢？ 7月京深杭新增二手挂牌量季节性回落 仅上海一城持平上月 0 1 为了更好的分析二手房业主心态变化，我们主力聚焦了北京、上海、深圳、杭州等核心一二线城市，从CRIC监测的四城新增挂牌套 数来看，7月四城挂牌量季节性回落，京深杭环比下降，仅上海一城环比持平，而同比来看，京沪深新增挂牌量显著好于去年同期， 同比涨幅均在2成以上。 | 城市 | 7月 | 坪比 | 自席 | | --- | --- | --- | --- | | 北京 | 16721 | -2% | 31% | | 下海 | 13386 | 0% | 20% | | 深圳 | 5576 | -7% | 48% | | 杭州 | 7018 | -3% | -24% | 02 京沪深中等价格段挂牌积极性下降 刚需、高改豪宅"两头翘" 北京、上海、深圳2025年7月新增挂牌 ...

图源：IC photo 潮新闻客户端 记者 吴佳怡 最近，一些过去并不热门的二手房小区成交量正在提升，如闸弄口的机神新村、万达广场的融创瑷颐湾、临平东湖的都市港湾，纷纷登上杭州二手房月成交 量前20榜单。 这些小区的成交有两个共同特点，一是单价都很低，都在1万+、2万+的水平，二是买家中新杭州人占比超8成。这些购房者，有的来杭两三年，有的已经在 杭州打拼了八九年，虽然有置业需求，但过去房价超出了预算，只能租房住。现在随着二手房价跌到足够低的水平，他们终于"上车"。 房东2018年花273万买的房子 被一位新杭州人花172万买下 东新园最近成交了一套价格极低的房子，面积81㎡，最终成交总价只要172万元。房东2018年买入的价格为273万元，不惜亏损100多万元，也要卖掉这房子 去换新房。 据悉，买家是东新园的一位租客，在杭工作多年，一直租房住。最近，刚好租的房子快到期了，他便在东新园看起了二手房。买家表示，东新园正好处在他 和妻子上班的中间位置，他还有亲戚住在这里，自己对这里的生活配套也比较熟悉。得知最近杭州房价降了，就想看看有没有机会完成置业。没想到正好碰 到这位房东急售，价格也符合自己的预算，就立马下单了 ...

Core Viewpoint - The article highlights that the average price of second-hand homes in the 23 wards of Tokyo has reached a new high, with a 70 square meter property priced at approximately 5.02 million yuan [1] Group 1 - The average price of second-hand homes in Tokyo's 23 wards has set a new record [1] - A 70 square meter second-hand home is now valued at around 5.02 million yuan [1]

Core Insights - In June, the second-hand housing transactions in Hangzhou (including Fuyang and Lin'an) totaled 7,335 units, representing a month-on-month decline of 4.9% and a year-on-year decline of 17% [1] - The market activity has shown a significant drop compared to the "golden three silver four" period, indicating a cooling trend in the real estate market [1] - The proportion of price-reducing communities among active second-hand housing projects in Hangzhou has increased, with the highest ratio found in the Shangcheng District, where the number of price-reducing communities is twice that of price-increasing ones [1] Transaction Data Summary - In June, the average transaction prices of various active communities in Shangcheng District showed mixed results, with some properties experiencing price increases while others saw declines. For example, Xinda Binjiang Yipin increased by 4.26% to 112,311 yuan/m², while Poly Binjiang Shangpin decreased by 5.74% to 108,726 yuan/m² [2][3] - The overall trend indicates a market correction, with many properties in different districts experiencing price drops, such as the average price in Xihu District for Green City Xixi Yunlu dropping by 8.83% to 108,972 yuan/m² [13] - In Yuhang District, the average price for Green City Peach Blossom Source rose by 8.32% to 136,830 yuan/m², indicating some pockets of resilience in the market [21]

Core Viewpoint - The second-hand housing market shows signs of stabilization in June, with an increase in the proportion of price-increasing communities, particularly in core cities, indicating a potential recovery trend in the market [2][20]. Group 1: Price Trends - In June, 48.3% of second-hand housing communities experienced a month-on-month price increase, up 3.4 percentage points from the previous month, while the number of high-frequency trading communities slightly decreased to 4,412, remaining above the average level since 2025 [2][20]. - The average listing price continues to decline, with 71.6% of communities seeing a drop in listing prices, an increase of 5.7 percentage points from May, indicating a persistent willingness among sellers to lower prices [3][20]. Group 2: City Performance - Nanjing and Suzhou lead with 56% of communities experiencing price increases, primarily due to recovery in previously underpriced areas, although transaction volumes in Nanjing still fell over 20% year-on-year [5][20]. - In contrast, Hangzhou saw only 47% of communities with price increases, failing to maintain a streak of over 50% for five consecutive months, largely due to price corrections in higher-end properties [5][20]. Group 3: Bargaining Space - The average bargaining space for second-hand homes in typical cities decreased to 15.1%, down 0.3 percentage points, marking a three-month low, suggesting that buyer and seller price expectations are converging [11][20]. - High-end communities have the lowest average bargaining space at 11%, indicating a more significant adjustment in prices for high-value properties compared to other segments [14][20]. Group 4: Product Type Differentiation - Among different community types, 49% of first-time buyer communities saw price increases, the highest among all categories, while improvement and high-end communities lagged behind due to increased competition from the new housing market [17][20]. - The overall transaction volume for second-hand homes remained flat year-on-year, with a noticeable slowdown in growth momentum compared to the average 12% increase in the first half of the year [17][20]. Group 5: Market Outlook - The second-hand housing market is expected to stabilize gradually in the second half of the year, supported by various policy measures aimed at increasing urban housing demand and improving the livability of existing residential areas [23][20].

Group 1 - The core point of the article indicates that the second-hand residential prices in Shenzhen decreased by 0.5% month-on-month in June, consistent with the previous month's decline of 0.5% [1] - Year-on-year, the prices fell by 2.8%, an improvement from the previous year's decline of 3.2% [1]