Mei Ri Jing Ji Xin Wen·2025-11-01 11:19Core Viewpoint - Despite a challenging market environment, several real estate companies have shown unexpected sales growth in October, with the top 100 real estate firms achieving a total sales volume of approximately 2.9 trillion yuan in the first ten months of the year [1][3]. Group 1: Sales Performance - Poly Developments leads the sales rankings with a cumulative sales figure of 222.7 billion yuan, followed by Greentown China at 201.1 billion yuan [2]. - In October alone, the top 100 real estate companies experienced a month-on-month sales increase of 3.7%, with Greentown China achieving the highest monthly sales of 22.6 billion yuan, closely followed by Poly Developments at 21 billion yuan [3][4]. - The cumulative sales amount for the top 100 firms from January to October saw a year-on-year decline of 16.3%, with the decline rate widening by 4.1 percentage points compared to the previous month [3]. Group 2: Market Dynamics - The total operational amount for the top 100 real estate companies in October was 253 billion yuan, reflecting a slight month-on-month increase of 0.1% but a significant year-on-year decrease of 41.9% [4]. - In October, 48 of the top 100 firms reported month-on-month performance growth, with 20 companies experiencing growth rates exceeding 30% [4]. - The new housing market in Beijing showed a positive trend with a 19% month-on-month increase in transaction volume, although it still faced a 19% year-on-year decline [5]. Group 3: Regional Performance - Guangzhou's transaction volume in October reached 610,000 square meters, marking a 6% month-on-month increase, but still a 46% year-on-year decline [6]. - Among second-tier cities, Chengdu led with a monthly transaction volume of 800,000 square meters, while Qingdao saw a 30% year-on-year increase in transaction area [6]. - The overall performance of second-tier cities showed significant divergence, with some cities maintaining high transaction volumes while others faced substantial declines [6].