9月房价数据出炉！同比降幅继续收窄

Core Insights - In September, the sales prices of new residential properties in 70 large and medium-sized cities showed a month-on-month decline, with the rate of decline narrowing year-on-year [1][7] Group 1: New Residential Property Prices - In first-tier cities, new residential property prices decreased by 0.3% month-on-month, with Beijing and Shanghai experiencing slight increases of 0.2% and 0.3%, while Guangzhou and Shenzhen saw declines of 0.6% and 1.0% respectively [1] - Second-tier cities experienced a month-on-month decline of 0.4% in new residential property prices, while third-tier cities also saw a 0.4% decline [1] - Year-on-year, first-tier cities' new residential property prices fell by 0.7%, with Shanghai increasing by 5.6% and Beijing, Guangzhou, and Shenzhen decreasing by 2.6%, 4.1%, and 1.8% respectively [7] Group 2: Second-hand Residential Property Prices - In September, second-hand residential property prices in first-tier cities decreased by 1.0% month-on-month, with declines in Beijing, Shanghai, Guangzhou, and Shenzhen of 0.9%, 1.0%, 0.8%, and 1.0% respectively [1] - Second and third-tier cities saw month-on-month declines of 0.7% and 0.6% in second-hand residential property prices [1] - Year-on-year, first-tier cities' second-hand residential property prices fell by 3.2%, with Beijing, Shanghai, Guangzhou, and Shenzhen experiencing declines of 2.7%, 2.4%, 6.0%, and 1.7% respectively [7] Group 3: Market Outlook - The research center expects that in the fourth quarter, relevant departments will continue to focus on high-quality urban development and the construction of new real estate models [8] - Policies will likely be implemented to support affordable housing and urban renewal projects, aiming to accelerate inventory reduction and the establishment of new models in the industry [8]