Core Insights - The core viewpoint of the article indicates that in July, the sales prices of commercial residential properties in major cities showed a month-on-month decline, but the year-on-year decline has narrowed overall [1][5]. Price Trends - In July, the new commercial residential property sales prices in first-tier cities decreased by 0.2% month-on-month, with the decline narrowing by 0.1 percentage points compared to the previous month. Beijing remained flat, while Shanghai increased by 0.3%, and Guangzhou and Shenzhen decreased by 0.3% and 0.6%, respectively [1]. - The new commercial residential property sales prices in second-tier cities fell by 0.4% month-on-month, with the decline expanding by 0.2 percentage points. Third-tier cities also saw a month-on-month decrease of 0.3%, with the decline remaining the same as the previous month [1]. - The second-hand residential property sales prices in first-tier cities decreased by 1.0% month-on-month, with the decline expanding by 0.3 percentage points. Specifically, Beijing, Shanghai, Guangzhou, and Shenzhen saw decreases of 1.1%, 0.9%, 1.0%, and 0.9%, respectively [1]. - Second and third-tier cities experienced a month-on-month decline of 0.5% in second-hand residential property sales prices, with the decline narrowing by 0.1 percentage points [1]. Year-on-Year Changes - Year-on-year, the new commercial residential property sales prices in first-tier cities decreased by 1.1%, with the decline narrowing by 0.3 percentage points compared to the previous month. Second and third-tier cities saw year-on-year declines of 2.8% and 4.2%, respectively, with declines narrowing by 0.2 and 0.4 percentage points [5]. - The second-hand residential property sales prices in first-tier cities decreased by 3.4% year-on-year, with the decline expanding by 0.4 percentage points. Second and third-tier cities experienced year-on-year declines of 5.6% and 6.4%, with declines narrowing by 0.2 and 0.3 percentage points, respectively [5]. Future Outlook - The China Index Academy suggests that as the macroeconomic and real estate market conditions evolve, there is still room for policy enhancement. The core goal of current real estate policies is to stabilize the market and prevent further declines, with a focus on effective implementation of existing policies such as urban village renovations and special bond storage [5]. - Urban renewal has become a key focus for promoting high-quality urban development, and supporting policies are expected to accelerate implementation in the real estate sector [5].
最新房价数据出炉！
Zhong Guo Zheng Quan Bao·2025-08-15 04:40