基本面：市场动荡未歇，成交量价齐跌。2025年H1商品房销售面积同比下降3.5%，收窄15.5pp，市场信心有所修复。但Q2以来，受前期刺激政策效果减退、中美贸易战影响，市场重回下行区间，商品房销售面积4-6月分别下降3%、5%、7%，同比降幅逐步扩大。2025H1监测43城新房销售面积6854.5万平米，同比降幅收窄24.8pp至-9.1%。二手房表现更突出，2025H1监测14城销售面积...
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