房地产行业(2026年度投资策略):止跌之路:收入、预期、外力

国信证券
Nov 05

2025 年回顾:楼市压力不减,回到“924”之前。新房销售同比在2024Q4短暂转正后逐季回落,2025Q3 同比-13%,相当于2019Q3 的46%,创历史新低。新房去化周期较“924”之前反而拉长,房企拿地积极性也冲高回落。由于销售边际回落叠加挂牌量高企,二手房价尚难止跌。本年高层对房地产相关表态及地产政策推出频次虽然多,但基本都在去年的基础上微调,亮点较少,既有政策框架内的可用空间已经...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10