The shanghai landlord has been tough lately. Second-hand house prices increased by 0. 7 per cent in april, moving up for three months. "get in the car."。
But another set of data, they might not be willing to tell you that in may, 100 city house prices were still falling in 70 cities. The number of second-hand rooms in the country is increasing, with 63 per cent of cities. There's much more to sell than to buy。
Is this a complete reversal or a flashback? Today, uncle yun used three core sets to tell you the truth and give you three more practical recommendations。
First, the k-type divides, and the ice fires take place
It's a long time since the city is a river full of water. It's called "k" resuscitation -- one line going up, one line going down。
It's shanghai, shenzhen, hangzhou, the first and second-line cities. They are populated, industrial and young. In april, second-hand residential prices in front-line cities increased by 0. 4 per cent, with shanghai running at 0. 7 per cent. High-quality assets at the core, indeed, are stable。
Falling down, it's a lot of three or four-line cities, even some weak two. The industry can't keep up. Young people are running out, and the stock is crushed to death. In april, second- and third-line urban second-hand house prices continued to decline. The overall ring ratio of the national 70-city new house price index has fallen。
You saw the queues in shanghai, and i saw more sales than customers in ho hot. This is the real market。
Second, the policy has given rise to the emergence of a “young spring”, but it is based on instability
And it's warmer, and it says, "put it down."。
At the beginning of 2026, the central bank disbursed 300 billion dollars in guaranteed housing for refinancing. Guangzhou has allowed the state to buy second-hand homes. Local provident fund lending lines are raised and down and down. It was suppressed for several years, and a wave was released。
But how long will this wave last
In addition to a few core cities, the second-hand rooms in most locations are traded at reduced prices. Buyers only accept the price. What is more painful is the stock, with many cities experiencing a two-hundred-month cycle of de-inhabiting and developers wishing to raise prices。
China says that the policy base is in place and 2026 is the year of construction; morgan stanley says that it will not last long because of the four main problems of high stock, low income and poor profitability. The market itself is fighting。
Third, what are you gonna do? Three practical advice
If you are in a city like shanghai, shenzhen, hangzhou and are just needed or improved - it is now a window。
Policy easing, low interest rates and low down payment. That buys can be bought. But remember, it only buys hard currency in core blocks, subways, school districts. And the far-off, and the unattached, and leave it alone。
If you are in a three- and four-line city out of the population, you will continue to wait unless you get married and your children have to go to school。
Don't worry about the sudden take-off of house prices, and in these cities it's lucky to be able to stay steady. Buy real estate, buy real estate, buy state-owned development, and don't touch developers who are already thunderstormed or fast stormy。
If you want to invest — completely put an end to this idea。
It's not a joke. I can't expect to double it like it was 10 years ago. In the future, the core assets of very few core cities will have the capacity to preserve their value, but that will require the amount of money and judgement that ordinary people cannot afford。
The most beautiful “closed-eye buying, steady-for-profit” era of real estate is over. But it does not crash, just from a “adolescent” business to a “maturity” business。
You don't need to gamble market reverses. All you have to do is do one thing: don't increase your leverage and guarantee cash flow。
It's better to promote yourself than to place all of them in the house. The best investment is always the health and ability of oneself and their families。
It's a house. It's comfortable。
How long do you think it'll last? You're in a city where the price is up or down? Talk about it。
I am uncle yun, who shares a daily guide to dry goods and pits. Look at me, next time don't get lost。
