楼市重要信号！9月北京新房价格环比转涨！

Core Insights - The real estate market shows signs of stabilization, with some cities entering a new phase of recovery despite ongoing adjustments [1][4][6] Price Trends - In September, new home prices in first-tier cities decreased by 0.3% month-on-month, while Beijing and Shanghai saw increases of 0.2% and 0.3% respectively [2][3] - Year-on-year, new home prices in first-tier cities fell by 0.7%, but this decline is narrowing compared to previous months [2][3] - The number of cities with rising new home prices increased, with 8 cities reporting year-on-year price increases, up from 5 the previous month [3][4] Market Analysis - Analysts suggest that the current market is still undergoing deep adjustments, but the overall trend remains positive, indicating a potential for recovery [4][5] - The average month-on-month decline in second-hand home prices has decreased from 0.91% before the "9.26 new policy" last year to 0.58% this year [5] - The year-on-year decline in second-hand home prices has also narrowed from 9.0% last September to 5.2% this September, indicating a clearer trend towards market stabilization [5] Future Outlook - The fourth quarter is expected to continue a "weak recovery, strong differentiation" trend, with an overall transaction decline likely to be controlled around 10% [6] - The combination of last year's low base effect and ongoing policy impacts is anticipated to further narrow year-on-year price declines in the last quarter of the year, with first-tier cities potentially seeing price increases [6]