4月中国百城新房价格环比继续上涨，二手房价下跌

Group 1 - In April, the real estate market in major Chinese cities continued to stabilize, with new residential average prices in 100 cities rising by 0.14% month-on-month and 2.50% year-on-year, reaching 16,764 yuan per square meter [1] - The average price of second-hand residential properties in 100 cities decreased by 0.69% month-on-month and 7.23% year-on-year, standing at 13,892 yuan per square meter [1] - Despite a slowdown in the pace of new property launches, structural price increases were observed in new residential properties in certain cities due to the introduction of quality improvement projects [1] Group 2 - Several cities implemented supportive real estate policies in April, including the cancellation of residential standards in Sichuan and the suspension of price filing for new commodity housing in Wuxi [1] - The Central Political Bureau's meeting at the end of April is expected to accelerate the implementation of supportive policies for the real estate market, with potential increases in demand from urban village and dilapidated housing renovations [2] - The supply side is anticipated to receive stronger support for stock commodity housing acquisition policies, along with the introduction of "good housing" construction standards to promote market stabilization [2]