Group 1 - The core viewpoint is that the Chinese real estate market is entering a long-term adjustment period, with average housing prices declining from 11,000 yuan per square meter in mid-2021 to 9,560 yuan by June 2022, indicating a significant drop [2] - A large number of new and second-hand houses are flooding the market, while the demand for home purchases is gradually decreasing due to factors such as the exit of investment demand, the end of large-scale shantytown renovations, and the slowing urbanization process [2] - The introduction of property tax is anticipated, which could increase the holding costs for those with multiple properties, leading to a surge of housing supply in the market and downward pressure on prices [2] Group 2 - The construction of affordable housing is accelerating across various regions, which will effectively divert housing demand. This includes the introduction of rental housing and shared ownership housing, benefiting low- and middle-income families [4] - The demand for commercial housing is expected to be effectively diverted, leading to a higher probability of housing prices returning to a reasonable range [4] - The sentiment among potential homebuyers is shifting, with concerns about becoming "the last buyer" in a declining market [3]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point for fast-moving stocks, which can lead to investments with limited upside or potential downside [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify these opportunities [3] Group 2: Forestar Group (FOR) Analysis - Forestar Group (FOR) has shown a four-week price change of 2.2%, indicating growing investor interest and positioning it well in the market [4] - The stock has gained 0.6% over the past 12 weeks and has a beta of 1.42, suggesting it moves 42% more than the market in either direction, indicating strong momentum [5] - FOR has a Momentum Score of B, suggesting it is an opportune time to invest in the stock to capitalize on its momentum [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to FOR earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects as analysts raise earnings estimates [7] - FOR is trading at a Price-to-Sales ratio of 0.76, indicating it is relatively undervalued, as investors pay only 76 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides FOR, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies to help identify potential winning stock picks based on individual investing styles [9]

Core Insights - The company achieved a record annual result in 2025, signing a total of 176 sales contracts, which is a 36% increase from the previous year [2][36] - The sales revenue for Q4 2025 was EUR 34.9 million, significantly higher than both Q3 2025 and Q4 2024, with a net profit of EUR 5.0 million [10][39] - The company is entering 2026 with a presale portfolio of 101 homes valued at EUR 33.7 million, indicating strong future revenue potential [8][38] Sales Performance - In Q4 2025, 60 sales contracts were signed, maintaining the same level as the previous quarter and significantly higher than Q4 2024 [2][32] - The Iseära and Peakorter projects were the largest contributors to new contracts signed during the quarter [3] - The total sales revenue for the year reached EUR 49.3 million, reflecting a substantial increase from EUR 27.3 million in 2024 [10][36] Market Share and Position - Liven's market share in new sales transactions in Tallinn and adjacent municipalities was approximately 7-8% in 2025, down from 10% in 2024, but still the highest in the market [5] - The company ranked first in the reputation of real estate developers according to a Kantar Emor survey, indicating strong brand recognition [22] Financial Overview - The total assets decreased by EUR 13.7 million during Q4 2025, primarily due to the handover of completed homes [11] - The company reported a decrease in total liabilities by EUR 15.8 million, reaching EUR 62.9 million by the end of the quarter [12] - The return on equity for 2025 was 28.1%, exceeding the long-term target of 20% [39] Development Projects - The company completed and handed over 83 homes in Q4 2025, including 64 homes in the Regati I phase [9][17] - New construction projects, including the Virmalise and Iseära apartment buildings, are set to begin in 2026, expanding the development portfolio [18][19] - A new development property was acquired in Tallinn for EUR 1.1 million, with an estimated investment volume of EUR 20 million [20] Economic Environment - The 6-month Euribor stabilized at 2.14% by the end of Q4 2025, with inflation in the euro area remaining close to the ECB's target [27] - Consumer price growth in Estonia was 4.1% in Q4 2025, indicating a faster rate than the euro area [28] - A recovery in household purchasing power is expected in 2026, driven by income tax changes and wage growth [29] Future Outlook - The company forecasts a growth in the new developments market in 2026, supported by improved household financial conditions and stable interest rates [34] - The potential to hand over up to 268 homes in 2026 is anticipated, with an estimated sales revenue of EUR 86 million [37] - The company is actively seeking new properties to expand its development portfolio for the next 4-5 years [42]

1月29日，中建方程+中建智地联合体在北京丰台河西的地块官宣项目案名——中建.方程国贤府。 户型建面约为70-120㎡ 这是继北京国贤府(房山)，昌平国贤府一二期以及京华国贤府4个项目后，北京的第五座"国贤府"，且 是主城区首座国贤府。据悉，春节后项目将开放售楼处，户型建面约为70-120㎡。地上建筑面积约4.78 万㎡，容积率1.5，建筑限高24米(局部30米)，据此，若按项目套均面积100㎡计算，项目大概是400套左 右房源的低密洋房社区。 ...

1月29日，上海出让3宗涉宅用地，分别位于松江区九亭，青浦新城和赵巷板块，总土地出让面积15.95 万㎡，总规划建筑面积20.53万㎡，总起始价40.18亿元。最终，3宗地块均底价成交，总成交金额40.18 亿元。其中，松江九亭地块由长江精工以底价4.46亿元竞得，成交楼面价23000元/㎡；青浦赵巷地块由 厦门国贸（600755）以底价17.99亿元竞得，成交楼面价20000元/㎡；青浦新城地块由中交城投以底价 17.72亿元竞得，成交楼面价18467元/㎡。 青浦新城地块由中交城投以底价17.72亿元竞得，成交楼面价18467元/㎡。 ...

China no longer requires real estate developers to file reports on its ‘three red lines’ for the sector, according to Beijing News https://t.co/h2veHZEuX8 ...

1月28日，香港特区政府差饷物业估价署公布，2025年香港私人住宅售价指数按年升3.25%，为连降3年 后首次反弹；私人住宅租金指数按年上升4.26%，连升3年。去年12月香港私人住宅售价指数为298.6 点，比上月上升0.23%，连续9个月呈平稳或上升。 资讯编辑：周小燕 021-26096760 资讯监督：乐卫扬 021-26093827 资讯投诉：陈跃进 021-26093100 免责声明：Mysteel发布的原创及转载内容，仅供客户参考，不作为决策建议。原创内容版权归Mysteel所有，转载需取得Mysteel书面授 权，且Mysteel保留对任何侵权行为和有悖原创内容原意的引用行为进行追究的权利。转载内容来源于网络，目的在于传递更多信息，方 便学习与交流，并不代表Mysteel赞同其观点及对其真实性、完整性负责。 利嘉阁地产研究部主管陈海潮补充说，若按半年期计算，去年下半年私人住宅售价指数累计上升 4.15%，为2019年下半年以来表现最好的一期，反映楼市复苏力度明显。 2026年伊始，香港楼市新盘热销，二手市场价量齐升。世邦魏理仕香港估值及咨询服务部执行董事郭伟 恩表示，今年1月特区政府一幅住宅用 ...

杭政储出[2026]1号，即城东新城单元SC080201-27地块，东至环站西路，南至新塘路，西至规划绿化， 北至规划三皋路。 具体来看，1号地块其实就在火车东站西广场区域，南面一线临京杭大运河，没有任何遮挡，河对面就 是去年大热的安琪儿区块。西面临麦庙港，两面环水，在市中心非常稀缺。 商报记者 周坚洪 杭州土地市场，开年连续推出重磅住宅地块。 1月22日，杭州挂牌了1宗城东新城宅地，将在3月6日正式出让，成为杭州土地市场的"马年第一拍"。紧 接着，在1月28日又挂牌了1宗钱江世纪城宅地，计划将在3月10日出让。 至此，开年至今杭州已经挂牌3宗宅地，全部位于热门核心板块。其中，本周五将迎来2026年的首次宅 地出让，位于市中心东新板块的1宗低密宅地，有望为土拍市场打响"开门红"。 市中心一线运河景观宅地 起价29776元/平方米 3号地块出让面积23133平方米，容积率低至1.8，地上建筑面积41639平方米，纯住宅。起价136578万 元，楼面起价32800元/平方米，将在3月10日出让。 地块北面500米就是火车东站，到地铁4号线新风站只有200多米，出行便利。往东可以享受2公里内彭埠 的商业配套，往西和 ...

BOSTON--(BUSINESS WIRE)--BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, reported results today for the fourth quarter and year ended December 31, 2025. Financial Highlights Fourth Quarter 2025: Revenue increased 2.2% to $877.1 million for the quarter ended December 31, 2025, compared to $858.6 million for the quarter ended December 31, 2024. Net income (loss) attributable to BXP, Inc. of $248.5 million, or $1.56 per d. ...

刚迈入2026年，不少人就发现身边的生活正在悄悄变化：买房的纠结选现房还是期房，买车的盯着价格战不敢下手，存钱的看着银行利率叹气。不出意外， 到了2026年下半年，房子、车子、存款这三件和普通人最息息相关的事，还会迎来更明显的改变。这些变化到底会影响我们的钱包和生活？该提前做好哪些 准备才能不吃亏？ 说，下半年买车选择多、价格划算，但也别只看价格，得关注车子的质量、口碑和保值率，要是有换车计划，上半年没下手的话，下半年可以抓紧，不然等 购置税优惠完全退坡，买车成本就真的上升了。 最后说说存款，2026年下半年大家可能要接受"存钱利息少"的常态了。过去两三年，银行存款利率一降再降，三年期定期存款利率从3%以上跌到了1字头， 10万块存三年，利息比以前少拿好几千。不过好消息是，下半年利率大幅下降的情况基本不会有了，会进入"低位徘徊"的状态。一方面是物价开始慢慢回 升，限制了利率下调的空间；另一方面，现在利率已经在历史低位，再降可能影响金融稳定。这意味着单靠存钱"躺赚"利息的时代彻底结束了，把钱全存在 银行，收益可能都跑不赢通胀。普通人可以多考虑多元化理财，比如买利率相对稳定的国债，或者风险较低的理财产品，也可以试 ...