百城二手房市场5月报：各线城市找房热度挂牌均价双双下跌

Group 1: Second-hand Housing Listing Volume - In May 2025, the listing volume of second-hand houses in 100 cities reached 2.718 million units, a year-on-year increase of 15.8% [1] - The increase in listing volume by city tier: first-tier cities up by 13.1%, new first-tier cities up by 14.5%, second-tier cities up by 15.4%, and third and fourth-tier cities up by 21.9% [1] - Notable changes in specific cities: Shenzhen had the highest increase among first-tier cities, while Shanghai had the lowest; Chengdu led new first-tier cities, while Suzhou saw a decrease [3][5] Group 2: Second-hand Housing Search Heat Index - The search heat index for second-hand houses in 100 cities was 62.6 in May 2025, down 10.6% year-on-year [7] - The decline in search heat index by city tier: first-tier cities down 11.0%, new first-tier cities down 11.7%, second-tier cities down 11.2%, and third and fourth-tier cities down 9.9% [7] - Specific city changes: Shenzhen experienced the largest decline among first-tier cities, while Beijing had the smallest; in new first-tier cities, Hangzhou saw the largest drop [9][11] Group 3: Second-hand Housing Listing Duration - The average listing duration for second-hand houses in 100 cities was 89.4 days in May 2025, an increase of 7.6% year-on-year [13] - By city tier, first-tier cities had an average duration of 103.0 days (up 9.6%), new first-tier cities 87.1 days (up 9.9%), second-tier cities 83.9 days (up 5.7%), and third and fourth-tier cities 92.3 days (up 7.9%) [13] - Notable changes in specific cities: Shanghai had the largest increase in listing duration among first-tier cities, while Beijing saw a decrease [15][17] Group 4: Second-hand Housing Average Listing Price - The average listing price for second-hand houses in 100 cities was 12,389 yuan per square meter in May 2025, down 9.0% year-on-year [19] - Average prices by city tier: first-tier cities at 48,544 yuan (down 7.8%), new first-tier cities at 16,931 yuan (down 10.2%), second-tier cities at 12,451 yuan (down 10.2%), and third and fourth-tier cities at 8,094 yuan (down 8.6%) [19] - Specific city price changes: Shanghai had the largest price drop among first-tier cities, while Shenzhen had the smallest [21][23]