“石油小城”房价何以未跌反涨？十月行记｜

Core Viewpoint - The real estate market in Dingbian County is experiencing a significant upward trend, contrasting sharply with the declining prices in major cities like Xi'an, driven by local economic factors and high demand for housing [10][11][25]. Group 1: Market Dynamics - Dingbian County's new housing prices have increased by over 25% in three years, with average prices surpassing 5000 yuan per square meter as of October 2025, compared to less than 4000 yuan in 2022 [10][11]. - In contrast, Xi'an's second-hand housing prices have dropped by 10.1% year-on-year as of September 2025, reflecting a broader trend of declining prices in first and second-tier cities [10][11]. - Dingbian's real estate market is characterized by a high demand from buyers, particularly for wedding and school district-related purchases, which is driving prices upward [14][15][17]. Group 2: Economic Factors - Dingbian County is recognized as a major oil and gas production area, with proven oil reserves of 1.618 billion tons and natural gas reserves of 300 billion cubic meters, contributing significantly to the local economy [12][13]. - The county's population dynamics, including rural-to-urban migration and the influx of families seeking better educational opportunities for their children, are contributing to sustained housing demand [16][17]. Group 3: Future Outlook - There is uncertainty regarding the sustainability of the current price increases, as the market may face a shift if new housing projects are completed and supply increases [22][23]. - Local real estate agents express mixed feelings about the future, with some predicting potential price corrections due to the rapid increases observed [20][22].