2025年楼市“金九银十”正式收官

Core Market Trends - The real estate market in key cities showed a slight cooling in October after a high performance in September, with a notable divergence in market conditions [1][2] - New home prices experienced a slight increase nationally, while second-hand home prices continued to adjust downward [5][6] City-Specific Performance - In Beijing, the second-hand home transactions decreased by 23.7% month-on-month in October, with 12,087 units sold, while new home transactions were 3,453 units [2] - Shenzhen's total residential transactions (new and second-hand) fell by 10.3% in October, with new home sales down 14.1% and second-hand sales down 7.7% [2] - Shanghai's second-hand home market saw a 9.3% decrease in transactions, totaling 18,483 units, but daily sales showed a positive trend towards the end of the month [3][4] Price Dynamics - The average price of new homes in 100 cities rose by 0.28% month-on-month to 16,973 yuan per square meter, while second-hand home prices fell by 0.84% to 13,268 yuan per square meter [5][6] - In Shenzhen, the average transaction price for second-hand homes was 58,900 yuan per square meter, reflecting a slight increase of 0.3% [6] Market Outlook - The end of the year is expected to see real estate companies striving to meet performance targets, with an increase in new supply in core cities potentially supporting new home sales [7] - The second-hand home transaction volume is anticipated to continue a moderate recovery, although short-term prices may remain under pressure [7]