"现在换房更看重居住舒适度，宁愿多等几个月，也要选一套性价比高的好房子。"市民徐先生从事金融 行业，目前居住在蜀山区一套60平方米的两居室，随着家庭人口增加，改善住房的需求日益迫切，2025 年开始频繁看房，先后看过包河区、蜀山区多个新房项目，最终将目标锁定在包河区一个主打绿色智慧 的楼盘。 "这个项目是小高层设计，容积率低，而且配备了全屋智能系统和社区养老配套，很符合我们的改善需 求。"徐先生告诉记者，虽然当前新房价格相对平稳，但他仍在等待合适的入市时机，计划在2026年春 节前后入手，"现在开发商优惠力度还可以，听说春节期间可能会有额外折扣，再等等更稳妥。" 刚需人员趁势入场 （来源：新安晚报） 转自：新安晚报 刚刚过去的2025年，合肥楼市表现如何呢？记者走访合肥楼市多个板块并采访业内机构了解到，受供应 收缩与需求观望影响，2025年合肥新房市场整体表现为"量跌价平"，成交均价同比微增0.6%；二手房市 场则是"量涨价跌"态势，成交量同比增长9.5%，成交均价同比下降19.6%。 改善需求持币观望 2025年合肥新房市场呈现"量跌价平"的平稳运行态势，改善型需求成为市场主力，且对房屋品质要求更 高。贝壳 ...

新政后首个周末热门项目售楼处。董红艳/摄 本报（chinatimes.net.cn）记者董红艳 北京报道 岁末凛冬已至，北京楼市却因新政落地暖意渐生。新政执行后的首个周末，《华夏时报》记者走访了多 区域市场。 整体看，政策红利的持续释放，提振了市场活跃度，部分区域的销售业绩有望迎来可观增长。与此同 时，长期处于博弈弱势的卖方心态，正悄然发生转变。而对一些购房者来说，触底信号下，也"松了一 口气"，有购房者对记者表示："其实我们买家更希望房价能够稳定下来。" 分市场来看，新房端的提振效应尤为突出。机构监测数据显示，新政实施后，新房日均网签量较12月政 策落地前的日均水平上涨44.6%。 记者在热门楼盘现场也看到，看房客户络绎不绝，部分时段甚至出现排队入场的火热场景。业内专家研 判，此轮新政之下，楼市分化格局或将进一步加剧，核心区域与优质项目的优势将更为凸显。 成交提速 12月24日，北京4部门联合发文，围绕限购、商贷、公积金、营商环境等内容，继续渐进式进行楼市调 控。 新政之后，限购方面，非京籍梯度降门槛，五环外1年社保更利于新市民刚需，多子女增购精准支持改 善，五环内房源更受益；同时，商贷方面更加灵活，银行自 ...

Core Insights - The real estate market in Shenzhen has shown significant improvement following the optimization of housing policies in September 2025, with both new and second-hand home transactions experiencing growth [1][6][9] Group 1: New Housing Market - The new housing market has seen a surge in activity, with a notable increase in both viewing and purchasing, leading to a daily average increase of 31.1% in new home subscriptions and 19.1% in sales compared to August [6] - Specific projects have demonstrated strong sales performance, such as the Guangming District's Guanyue Mingdi, which achieved a nearly 90% sales rate on its opening day, and the Futian District's Xinshijie Xiangmi Sijijiaoyuan, which sold 83% of its initial offerings [6] Group 2: Second-Hand Housing Market - The second-hand housing market has also become more active, with a 35% increase in new home subscriptions compared to the 23 days prior to the new policy, and a 75% increase compared to the same period in August [9] - The number of second-hand residential transactions reached 4,200 in September, reflecting a significant year-on-year increase of 41% in daily average transactions [9] Group 3: Market Promotions and Events - During the National Day and Mid-Autumn Festival, various promotional activities were organized to boost the real estate market, including nearly 30 promotional events showcasing Shenzhen's livability and urban appeal [5] - These events are expected to contribute to the ongoing recovery of the real estate market, particularly during the traditional peak sales season of "Golden September and Silver October" [5][13] Group 4: Market Outlook - Experts anticipate continued improvement in market activity as the effects of the new policies become more pronounced, with expectations for a sustained recovery into the fourth quarter [13]

Core Insights - In July 2025, both supply and demand for new residential properties in Beijing weakened, with a total of 365,600 square meters signed online [1] - The Beijing land market saw a slowdown in supply, with only two plots sold, located in Changping and Yanqing, totaling a planned construction area of 126,500 square meters and a land transfer fee of 1.929 billion yuan, with an average floor price of 15,254 yuan per square meter [1][9] Sales Performance - From January to July 2025, the top 20 real estate companies in Beijing achieved a total sales revenue of 195.08 billion yuan and a total sales area of 3.747 million square meters [2][3] - China Overseas Land & Investment, China Resources Land, and Yuexiu Property ranked as the top three companies by sales revenue, with sales of 27.99 billion yuan, 22.43 billion yuan, and 19.58 billion yuan respectively [2][3] Market Conditions - The new housing market in Beijing experienced a decline in both supply and demand during the traditional off-season, with new supply of 189,300 square meters and total online signed transactions of 365,600 square meters in July [7] - The land market in Beijing saw a total of two plots sold in July, with a combined land transfer fee of 1.929 billion yuan and a floor price of 15,254 yuan per square meter [9] Policy Developments - On July 31, 2025, the Beijing Municipal Government issued a notice to improve housing support policies, emphasizing the need to increase the supply of affordable housing and provide priority allocation for families with multiple children [6]

Core Insights - The real estate market in Wuhan is experiencing a surge in demand, with properties selling out quickly during lottery draws, indicating a strong recovery trend in the sector [1][7][8] - Recent statistics show a narrowing decline in new and second-hand residential prices, suggesting that government policies aimed at stabilizing the market are having a positive effect [8][12] Group 1: Sales Performance - The Wuhan Tianchen project sold 400 million yuan worth of properties in just 2 hours, with only 50 out of 480 units remaining after less than 2 months of opening [1] - The Poliyun Lake project in Wuchang saw 300 participants in a lottery for 155 units, selling 120 units within an hour and generating nearly 600 million yuan in sales [7] - The Jindi Dachengle project in Hanyang had over 500 participants for 234 units, selling out in 2 hours [7] Group 2: Market Trends - In May, new residential prices in Wuhan decreased by 4.2% year-on-year, with the decline rate narrowing by 0.8 percentage points compared to the previous month, marking the seventh consecutive month of reduced decline [8] - Second-hand residential prices fell by 7.0% year-on-year, with a narrowing decline of 0.3 percentage points, continuing a trend for ten months [8] - The land auction in May resulted in the sale of 8 residential and commercial plots, with core area plots achieving over 30% premium rates [8] Group 3: Expert Insights - Experts suggest that the real estate market is still in an adjustment phase, with developers using lottery sales to better meet diverse buyer needs [12] - There is a call for further implementation of supportive real estate policies to balance the supply of existing and new housing, aiming to stimulate both rigid and improved housing demand [12]

Group 1 - The core viewpoint of the articles highlights the positive impact of financial policies and urban renewal initiatives on the housing market, boosting buyer confidence and supporting housing demand [1][3] - In May 2025, the average price of new residential properties in 100 cities across the country increased by 0.3% month-on-month and 2.56% year-on-year, indicating a continued upward trend [1] - In Xi'an, the new housing price index rose by 3.66% year-on-year and 0.37% month-on-month, despite an overall decline in market transactions [1] Group 2 - From January to May 2025, Xi'an launched 40 residential land plots with a planned construction area exceeding 3.6 million m², and successfully sold 29 plots with a total planned area of over 2.51 million m², with a transaction floor price of 7,413 yuan/m², up 23.63% year-on-year [2] - During the same period, Xi'an also released 13 commercial and office land plots, with a planned area of over 430,000 m², and sold 9 plots with a planned area of over 310,000 m², achieving a transaction floor price of 1,975 yuan/m², which is a 36.1% increase year-on-year [2]

Core Viewpoint - The real estate market in major cities is showing signs of stabilization, with new residential sales prices in first-tier cities experiencing slight increases, while second and third-tier cities face downward pressure due to high inventory and insufficient demand [1][4][6]. Group 1: Price Trends - In April 2025, new residential sales prices in first-tier cities remained flat month-on-month, with Beijing and Shanghai seeing increases of 0.1% and 0.5% respectively, while Guangzhou and Shenzhen experienced declines of 0.2% and 0.1% [1]. - Second-tier cities' new residential sales prices remained unchanged month-on-month, while third-tier cities saw a decrease of 0.2%, consistent with the previous month [5]. Group 2: Market Dynamics - The increase in new home prices in Beijing and Shanghai indicates underlying support factors in these markets, particularly in Shanghai where both new and second-hand homes have shown slight increases [4]. - The high-end improvement projects in Shanghai have contributed to sustained market activity, with significant demand reflected in record subscription numbers for new projects [4]. Group 3: Future Outlook - The overall real estate market is stabilizing due to various policies aimed at preventing further declines, but challenges remain as the market continues to adjust and transform [6]. - There is an increasing demand for quality housing that is green, smart, and safe, indicating potential growth in the market for upgraded and improved residential properties [6].

Investment Rating - The industry investment rating is "Positive" [4] Core Viewpoints - In March 2025, the decline in new home sales and new construction area significantly narrowed, indicating a potential recovery in the real estate market [1][2] - The cumulative sales area of commercial housing from January to March 2025 showed a year-on-year growth rate of -3%, an improvement from -5.1% previously, while the cumulative sales amount decreased by -2.1% compared to -2.6% previously [1] - The cumulative new construction area from January to March 2025 had a year-on-year growth rate of -24.4%, improving from -29.6% previously, and the cumulative completion area showed a decline of -14.3%, also an improvement from -15.6% [2] - The funding for real estate development companies saw a year-on-year growth rate of -3.7% from January to March 2025, slightly worsening from -3.6% previously, with a notable decline in self-raised funds [3] Summary by Sections Sales Data - In March 2025, the sales area of new homes showed a year-on-year growth rate of -0.9%, improving from -5.1% previously, while the sales amount decreased by -1.6% compared to -2.6% previously [1] Development Investment - The cumulative development investment from January to March 2025 had a year-on-year growth rate of -9.9%, slightly worsening from -9.8% previously, with March showing a single-month decline of -10% [2] Funding Sources - The year-on-year growth rate of funding for real estate development companies in March 2025 was -3.9%, worsening from -3.6% previously, with self-raised funds declining by -11.7% [3] Investment Recommendations - Short-term focus on valuation recovery opportunities due to policy easing, and long-term focus on leading companies with core city resources and real estate operation capabilities, such as Poly Developments, China Resources Land, and others [3]

Core Viewpoint - The upcoming "release tide" of new homes in Shanghai, starting in April 2026, is expected to significantly impact the real estate market, with a total of 33,561 new homes set to be released from April to December 2026, and a cumulative total of 137,250 new homes expected to be released in 2026 and 2027 [10][26]. Group 1: Market Statistics - Shanghai's second-hand housing transactions reached 29,369 units, slightly below the peak in December 2024, marking a small high since 2021, which boosts confidence for upcoming transactions in April [1]. - From 2021 to March 2025, the percentage of new homes triggering sales restrictions has decreased from 47% in 2021 to 12% in 2024 [5]. - By April 2026, a total of 2,582 new homes will have their sales restrictions lifted, with the majority of releases concentrated in June and July, totaling over 13,725 units [8][9]. Group 2: Impact on Specific Areas - The "release tide" will particularly affect two major areas: the Greater Hongqiao and Lingang, with 4,506 new homes set to be released in Greater Hongqiao and 2,508 in Lingang [16][20]. - In Greater Hongqiao, the average listing price for second-hand homes has dropped by 4.1% in the past year, while Lingang has seen a similar trend, indicating potential price pressures due to the influx of new homes [18][20]. Group 3: Future Projections - The release of new homes is expected to continue beyond 2026, with approximately 46,000 units anticipated in 2027, followed by a decline to around 12,000 units by 2029 [26][27]. - The upcoming new homes are primarily concentrated in suburban areas, with significant numbers expected in Qingpu, Jiading, and other districts outside the city center [28][25]. Group 4: Market Dynamics - The new homes entering the market are expected to be similar in product type, with a significant proportion being small to medium-sized units, which may lead to increased competition in the second-hand market [30][32]. - The shift in market dynamics indicates a move towards more residential-focused properties, with investment attributes diminishing as the market stabilizes [34].