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【楼市复盘 005】成都楼市1-2月:分化加剧下的韧性复苏 原创 已修改 第1次修改 2025年02月21日 14时31分 か℃簡簡單單

发布于 2025-02-21

<p style="-webkit-tap-highlight-color: transparent;outline: 0px;text-align: center;line-height: 2em;visibility: visible;"><br /></p><p style="text-align: left;margin-bottom: 0px;margin-left: 16px;margin-right: 16px;"><span style="font-size: 17px;"><strong><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;letter-spacing: 0.544px;text-align: left;background-color: rgb(255, 255, 255);visibility: visible;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;font-size: 45px;letter-spacing: 0px;visibility: visible;">01&nbsp;</span></strong></strong></span><span style="font-size: 20px;"><strong>政策面</strong></span></p><p><strong><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none solid rgba(0, 0, 0, 0.9);">全面松绑与精准调控并行</span></strong></p><p style="text-align: left;margin-left: 16px;margin-right: 16px;"><strong style="letter-spacing: 0.034em;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;text-align: left;background-color: rgb(255, 255, 255);letter-spacing: 0.5px;font-size: 16px;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(136, 136, 136);letter-spacing: 3px;font-family: Optima-Regular, PingFangTC-light;">—</span></strong></strong></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">全国性政策支持</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span>2025年1月,中央层面延续“房住不炒”基调,通过降低首付比例(首套15%、二套20%)、商贷利率(首套3.0%、二套3.3%)及存量房贷利率下调等措施刺激需求。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">地方性政策优化</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">公积金政策</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:成都将公积金贷款期限延长至男性</span>68岁、女性63岁,并提高多孩家庭及高层次人才贷款额度。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">区域补贴</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:新都区推出</span><span style="font-family:Segoe UI;">“团购补贴”(每套最高3万元)及车位购买补贴(1500元/个),吸引企业及个人购房。</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">限售放松</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span>2024年10月起,成都取消限售,增强市场流动性。</span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"></span></p><section style="text-align: left;margin-bottom: 0px;margin-left: 16px;margin-right: 16px;"><span style="font-size: 17px;"><strong><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;letter-spacing: 0.544px;text-align: left;background-color: rgb(255, 255, 255);visibility: visible;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;font-size: 45px;letter-spacing: 0px;visibility: visible;">02 </span></strong></strong></span><span style="font-size: 20px;"><strong>资金面</strong></span></section><p><strong><span style="font-size: 17px;letter-spacing: normal;text-decoration: none solid rgba(0, 0, 0, 0.9);">信贷宽松与利率创新低</span></strong></p><section style="margin-left: 16px;margin-right: 16px;"><strong style="letter-spacing: 0.578px;text-align: left;font-size: var(--articleFontsize);"><strong style="letter-spacing: 0.034em;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;background-color: rgb(255, 255, 255);letter-spacing: 0.5px;font-size: 16px;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(136, 136, 136);letter-spacing: 3px;font-family: Optima-Regular, PingFangTC-light;">—</span></strong></strong></strong></section><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">商贷利率</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:首套房贷利率降至</span>3.0%(LPR-60BP),为历史最低水平,月供成本显著降低。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">公积金利率</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span>5年以上首套公积金利率降至2.85%,二套3.325%,进一步降低购房成本。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">金融工具创新</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:成都与重庆实现公积金互认互贷,灵活就业人员购房门槛降低。</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"></span></p><p style="margin-left: 16px;margin-right: 16px;margin-bottom: 0px;"><span style="font-size: var(--articleFontsize);letter-spacing: 0.578px;text-align: left;color: rgb(0, 122, 170);"><strong><strong style="letter-spacing: 0.578px;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);visibility: visible;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;font-size: 45px;letter-spacing: 0px;visibility: visible;">03</span></strong></strong></strong></span><strong style="font-size: var(--articleFontsize);letter-spacing: 0.578px;text-align: left;"><strong style="letter-spacing: 0.578px;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);visibility: visible;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;font-size: 45px;letter-spacing: 0px;visibility: visible;">&nbsp;</span></strong></strong></strong><span style="font-size: 20px;"><strong>技术面</strong></span></p><p><strong><span style="font-size: 17px;letter-spacing: normal;text-decoration: none solid rgba(0, 0, 0, 0.9);">成交量分化,价格结构性上涨</span></strong></p><section style="letter-spacing: 0.578px;text-align: left;margin-left: 16px;margin-right: 16px;"><strong><strong style="letter-spacing: 0.034em;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;background-color: rgb(255, 255, 255);letter-spacing: 0.5px;font-size: 16px;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(136, 136, 136);letter-spacing: 3px;font-family: Optima-Regular, PingFangTC-light;">—</span></strong></strong></strong></section><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">成交数据</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);">1月表现</span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:新房成交</span>7095套(同比-21.4%)、二手房17194套(同比+0.3%),春节假期导致环比大幅下滑。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);">2月回暖</span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:节后首周(</span>2.5-2.11)新房成交面积环比+1510%,二手房+1103%,市场热度回升。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">价格趋势</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">新房</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span>1月均价1.91万元/㎡(环比+0.63%),核心区高端项目(如金融城)突破8万元/㎡。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">二手房</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:均价</span>1.56万元/㎡(环比+0.09%),连续3个月微涨,但同比仍跌19.47%。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"></span></p><p style="padding: 0pt;vertical-align: baseline;background: rgb(255, 255, 255);margin-left: 16px;margin-right: 16px;margin-bottom: 0px;"><strong style="font-size: var(--articleFontsize);letter-spacing: 0.578px;text-align: left;"><strong style="letter-spacing: 0.578px;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;letter-spacing: 0.544px;visibility: visible;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;font-size: 45px;letter-spacing: 0px;visibility: visible;">04&nbsp;</span></strong></strong></strong><span style="font-size: 20px;"><strong>板块分化<br /></strong></span></p><p><strong><span style="font-size: 17px;letter-spacing: normal;text-decoration: none solid rgba(0, 0, 0, 0.9);">核心区领涨,远郊承压</span></strong></p><section style="letter-spacing: 0.578px;text-align: left;margin-left: 16px;margin-right: 16px;"><strong><strong style="letter-spacing: 0.034em;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;background-color: rgb(255, 255, 255);letter-spacing: 0.5px;font-size: 16px;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(136, 136, 136);letter-spacing: 3px;font-family: Optima-Regular, PingFangTC-light;">—</span></strong></strong></strong></section><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">核心区(锦江、高新、天府新区)</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">土拍热度高:</span>1月成华槐树店地块楼面价2.04万元/㎡(溢价51%),青羊中坝地块2.09万元/㎡(溢价24%),显示房企对核心区信心。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">产品升级:改善型项目占比提升,如招商翎云阁(均价</span>4万/㎡)、阅天府(均价3.3万/㎡)热销。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">近郊(龙泉、双流、郫都)</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">价格竞争激烈:龙泉大面板块新房均价</span>1.7万元/㎡,与主城三圣乡(1.6万/㎡)价差缩小,外溢需求缩水。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">库存压力大:近郊去化周期超</span>17个月,部分项目通过“以价换量”维持生存。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">远郊(邛崃、简阳)</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">成交低迷:</span>1月远郊新房成交占比仅13.6%,价格同比下跌3%-5%,需警惕长期风险。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"></span></p><p style="padding: 0pt;vertical-align: baseline;background: rgb(255, 255, 255);margin-left: 16px;margin-right: 16px;margin-bottom: 0px;"><strong style="letter-spacing: 0.578px;font-size: var(--articleFontsize);text-align: left;"><strong style="letter-spacing: 0.578px;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;letter-spacing: 0.544px;visibility: visible;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;font-size: 45px;letter-spacing: 0px;visibility: visible;">05&nbsp;</span></strong></strong></strong><span style="font-size: 20px;"><strong>主力动向</strong></span></p><p><strong><span style="font-size: 17px;letter-spacing: normal;text-decoration: none solid rgba(0, 0, 0, 0.9);">房企重仓核心区,购房者聚焦改善与刚需</span></strong></p><section style="margin-left: 16px;margin-right: 16px;"><strong style="letter-spacing: 0.578px;text-align: left;font-size: var(--articleFontsize);"><strong style="letter-spacing: 0.034em;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;background-color: rgb(255, 255, 255);letter-spacing: 0.5px;font-size: 16px;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(136, 136, 136);letter-spacing: 3px;font-family: Optima-Regular, PingFangTC-light;">—</span></strong></strong></strong></section><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">房企策略</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">华润置地</span>1月斥资34亿元连夺成华区两宗高溢价地块,楼面价均突破2万元/㎡,布局高端改善市场。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">产品迭代加速:新规后项目得房率普遍超</span>80%,160㎡户型压缩至140㎡,功能设计精细化(如独立入户花园)。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">购房者行为</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">改善需求主导:</span>1月120-144㎡户型成交占比超60%,核心区改善项目去化率高达90%(如中环天宸)。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">刚需转向二手房:</span>90㎡以下户型占二手房成交85%,总价200万以内房源占比近90%。</span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;"></span></span></p><p style="margin-left: 16px;margin-right: 16px;margin-bottom: 0px;"><strong style="letter-spacing: 0.578px;font-size: var(--articleFontsize);text-align: left;"><strong style="letter-spacing: 0.578px;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);visibility: visible;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;font-size: 45px;letter-spacing: 0px;visibility: visible;">06&nbsp;</span></strong></strong></strong><strong style="font-size: 16px;text-indent: 0em;letter-spacing: 0.034em;"><span style="font-size: 20px;letter-spacing: 0.578px;text-decoration-style: solid;text-decoration-color: rgba(0, 0, 0, 0.9);"><span style="text-decoration-style: solid;text-decoration-color: rgba(0, 0, 0, 0.9);font-family: &quot;Segoe UI&quot;;letter-spacing: 0.578px;background-image: initial;background-position: initial;background-size: initial;background-repeat: initial;background-attachment: initial;background-origin: initial;background-clip: initial;">客户态度与机构观点</span></span></strong></p><section style="letter-spacing: 0.578px;text-align: left;margin-left: 16px;margin-right: 16px;"><strong><strong style="letter-spacing: 0.034em;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;background-color: rgb(255, 255, 255);letter-spacing: 0.5px;font-size: 16px;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(136, 136, 136);letter-spacing: 3px;font-family: Optima-Regular, PingFangTC-light;">—</span></strong></strong></strong></section><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">购房者预期</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">自住需求积极:政策宽松叠加价格回调到位,</span>38%受访者认为2025年是“购房窗口期”。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">投资预期分化:仅</span>12%投资者计划加仓,多数选择“核心区稀缺资产+远郊现房”组合策略。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">机构研判</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">短期</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:政策效果显现,</span>3月“小阳春”可期,核心区新房去化率或突破80%。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">长期</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:核心区高端化趋势不可逆,远郊需警惕保障房分流压力(预计</span>2025年上市30万套)。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;"></span></span></p><p style="margin-left: 16px;margin-right: 16px;margin-bottom: 0px;"><strong style="font-size: var(--articleFontsize);letter-spacing: 0.578px;text-align: left;"><strong style="letter-spacing: 0.578px;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);visibility: visible;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;font-size: 45px;letter-spacing: 0px;visibility: visible;">07&nbsp;</span></strong></strong></strong><strong style="font-size: var(--articleFontsize);letter-spacing: 0.034em;"><span style="font-size: 20px;letter-spacing: 0.578px;text-decoration-style: solid;text-decoration-color: rgba(0, 0, 0, 0.9);">展望</span></strong></p><p style="margin-left: 16px;margin-right: 16px;margin-bottom: 0px;"><strong style="letter-spacing: 0.578px;text-align: left;font-size: var(--articleFontsize);"><strong style="letter-spacing: 0.034em;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;background-color: rgb(255, 255, 255);letter-spacing: 0.5px;font-size: 16px;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(136, 136, 136);letter-spacing: 3px;font-family: Optima-Regular, PingFangTC-light;">—</span></strong></strong></strong><br /></p><section style="margin-left: 16px;margin-right: 16px;"><strong><span style="font-size: 16px;"></span></strong></section><h4 style="margin-top:12.0000pt;margin-right:0.0000pt;margin-bottom:12.0000pt;margin-left:0.0000pt;text-indent:0.0000pt;padding:0pt 0pt 0pt 0pt;mso-pagination:widow-orphan;vertical-align:baseline;background:rgb(255,255,255);"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background-image: initial;background-position: initial;background-size: initial;background-repeat: initial;background-attachment: initial;background-origin: initial;background-clip: initial;"></span></strong></h4><h4 style="margin-top:12.0000pt;margin-right:0.0000pt;margin-bottom:12.0000pt;margin-left:0.0000pt;text-indent:0.0000pt;padding:0pt 0pt 0pt 0pt;mso-pagination:widow-orphan;vertical-align:baseline;background:rgb(255,255,255);"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background-image: initial;background-position: initial;background-size: initial;background-repeat: initial;background-attachment: initial;background-origin: initial;background-clip: initial;"><span style="font-family:Segoe UI;">短期(</span>1-3个月)</span></strong><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;"><o:p></o:p></span></strong></h4><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">市场趋势</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:政策驱动下,新房成交有望回升至月均</span>1.2万套,二手房维持1.5万套水平,价格稳中有升。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">机会点</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:关注成华区槐树店、青羊中坝等高溢价地块项目,以及天府前湾保障房周边刚需盘。</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><h4 style="margin-top:12.0000pt;margin-right:0.0000pt;margin-bottom:12.0000pt;margin-left:0.0000pt;text-indent:0.0000pt;padding:0pt 0pt 0pt 0pt;mso-pagination:widow-orphan;vertical-align:baseline;background:rgb(255,255,255);"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background-image: initial;background-position: initial;background-size: initial;background-repeat: initial;background-attachment: initial;background-origin: initial;background-clip: initial;"><span style="font-family:Segoe UI;">长期(</span>1-3年)</span></strong><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;"><o:p></o:p></span></strong></h4><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">核心区</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:金融城、大源等板块新房均价或突破</span>6万/㎡,豪宅定制化趋势显著。</span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">远郊</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:需依赖产业导入(如淮州新城、简阳新城)化解库存压力,价格或长期低位震荡。</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 16px;margin-bottom: 0px;margin-left: 16px;letter-spacing: 0.578px;"><strong style="font-size: var(--articleFontsize);letter-spacing: 0.578px;text-align: left;"><strong style="letter-spacing: 0.578px;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);visibility: visible;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;font-size: 45px;letter-spacing: 0px;visibility: visible;">08&nbsp;</span></strong></strong></strong><strong style="font-size: var(--articleFontsize);letter-spacing: 0.034em;"><span style="font-size: 20px;letter-spacing: 0.578px;text-decoration-style: solid;text-decoration-color: rgba(0, 0, 0, 0.9);">策略建议</span></strong></p><p style="margin-right: 16px;margin-bottom: 0px;margin-left: 16px;letter-spacing: 0.578px;"><strong style="letter-spacing: 0.578px;text-align: left;font-size: var(--articleFontsize);"><strong style="letter-spacing: 0.034em;"><strong style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;background-color: rgb(255, 255, 255);letter-spacing: 0.5px;font-size: 16px;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;color: rgb(136, 136, 136);letter-spacing: 3px;font-family: Optima-Regular, PingFangTC-light;">—</span></strong></strong></strong></p><h4 style="margin-top:12.0000pt;margin-right:0.0000pt;margin-bottom:12.0000pt;margin-left:0.0000pt;text-indent:0.0000pt;padding:0pt 0pt 0pt 0pt;mso-pagination:widow-orphan;vertical-align:baseline;background:rgb(255,255,255);"><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background-image: initial;background-position: initial;background-size: initial;background-repeat: initial;background-attachment: initial;background-origin: initial;background-clip: initial;">策略建议</span></strong><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;"><o:p></o:p></span></strong></h4><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">购房者</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: &quot;Courier New&quot;;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">o</span><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">改善群体:优先锁定核心区现房或准现房(如华润中环天宸),避免期房交付风险。</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 42pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: &quot;Courier New&quot;;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">o</span><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">刚需群体:关注近郊高性价比现房(如双流华府板块),警惕远郊高库存项目。</span></span><span style="mso-spacerun:&#39;yes&#39;;font-family:Calibri;mso-fareast-font-family:宋体;mso-bidi-font-family:&#39;Times New Roman&#39;;font-size:10.5000pt;mso-font-kerning:1.0000pt;"><o:p></o:p></span></p><p style="margin-right: 0pt;margin-left: 21pt;padding: 0pt;vertical-align: baseline;"><span style="font-family: Symbol;letter-spacing: 0pt;font-size: 10pt;background: rgb(255, 255, 255);">·</span><strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">投资者</span></span></strong><span style="font-family: &quot;Segoe UI&quot;;letter-spacing: 0pt;font-size: 12pt;background: rgb(255, 255, 255);"><span style="font-family:Segoe UI;">:聚焦核心区低密地块(容积率</span>1.5以下)及现房项目,规避同质化竞争严重的区域。</span></p><section style="margin-bottom: 8px;margin-left: 16px;margin-right: 16px;"><section style="-webkit-tap-highlight-color: transparent;margin-right: 8px;margin-left: 8px;outline: 0px;font-family: -apple-system-font, BlinkMacSystemFont, &quot;Helvetica Neue&quot;, &quot;PingFang SC&quot;, &quot;Hiragino Sans GB&quot;, &quot;Microsoft YaHei UI&quot;, &quot;Microsoft YaHei&quot;, Arial, sans-serif;letter-spacing: 0.544px;text-align: center;min-height: 1em;line-height: 1.75em;"><span style="-webkit-tap-highlight-color: transparent;outline: 0px;letter-spacing: 0.544px;color: rgb(127, 127, 127);font-family: PingFangTC-Light;font-size: 12px;caret-color: red;background-color: rgb(255, 255, 255);">*</span><br style="-webkit-tap-highlight-color: transparent;outline: 0px;" /></section></section><section data-role="outer" label="Powered by 135editor.com" style="-webkit-tap-highlight-color: 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