中共中央政治局7月30日会议再次强调稳定房地产市场，这是今年以来第二次将楼市稳定作为重点议题，此前4月份的会议已就此有过部署1。
当前中国房地产市场呈现出明显的结构性变化1。上半年全国二手房网签面积同比增长10.2%，而新建商品房销售面积同比下降11.6%1。更为显著的是，二手房在新房和二手房交易总量中的占比达到50.4%，历史性突破五成1，反映出中国楼市正全面步入存量时代。地区分化进一步加剧，18个省（区、市）的二手住宅交易面积已超过新建商品住宅1。此外，一线城市新建商品住宅和二手住宅销售价格自3月以来连续4个月环比上涨1。
为适应这一转变，稳定楼市的新思路是在供需两端同步发力1。在供给侧，房地产新开工和批售规模仅为销售规模的一半左右1，通过主动收缩供给、提升产品品质和推进城市更新等措施，推动房地产行业从传统开发模式向运营模式转变1。
The Central Committee of the Communist Party of China's Political Bureau reiterated its commitment to stabilizing the real estate market during a meeting on July 30, marking the second high-level emphasis on this goal within half a year, following a similar focus in April.1 The market is currently characterized by concurrent stabilization and differentiation, with second-hand home transactions achieving a historic milestone of comprising 50.4 percent of total new and existing home trading volume in the first half of the year.1
The shift toward market stabilization reflects a fundamental transformation in China's property sector. New construction housing sales declined by 11.6 percent year-over-year in the first half of the year, while second-hand home transactions increased 10.2 percent during the same period, indicating that the market has entered a new phase dominated by existing stock rather than new development.1 First-tier cities have experienced four consecutive months of price increases for both new and second-hand residential properties since March, while eighteen provinces and regions recorded second-hand residential transaction volumes exceeding those of new commercial housing.1 The new approach to stabilizing the market emphasizes coordinated efforts on both supply and demand sides, transitioning the real estate industry from a development-oriented model toward an operations-focused model through measures including supply-side contraction, product quality enhancement, and urban renewal initiatives.1
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