前三季度中国百城新建住宅均价累计上涨1.63%

Group 1 - In the third quarter, new home prices in 100 cities in China continued to rise, while second-hand home prices fell. The average price of new residential properties increased by 1.63% year-to-date [1] - In September, the average price of new residential properties in 100 cities was 16,926 yuan per square meter, a month-on-month increase of 0.09% and a year-on-year increase of 2.68%. In contrast, the average price of second-hand residential properties was 13,381 yuan per square meter, with a month-on-month decline of 0.74% and a year-on-year drop of 7.38% [1] - The new residential market saw structural price increases in core cities like Shanghai and Hangzhou due to the launch of quality improvement projects, although overall market performance was subdued [1] Group 2 - In September, several major cities implemented new policies to relax restrictive home purchase regulations, such as Shenzhen allowing eligible families to buy unlimited properties in non-core areas and Shanghai offering tax benefits for certain home purchases [2] - Looking ahead, it is expected that new supply from land acquired by real estate companies in core cities will support new home sales in the fourth quarter, while cities with limited new project supply will focus on inventory reduction, indicating a continued trend of market differentiation [2]