10月楼市数据来了，请问看完你的感受如何？

Core Insights - The current real estate market is characterized by a prolonged decline in housing prices, with a significant reduction in the number of buyers willing to purchase properties [1][3] - The average price of second-hand residential properties in 100 cities has decreased by 0.84% month-on-month, with no city reporting an increase [1] - Although new housing prices have seen a slight increase of 0.28%, this is largely attributed to developers maintaining appearances and local governments controlling record prices [1] Market Trends - In October, first-tier cities like Beijing and Shanghai are experiencing significant declines in second-hand housing transactions, with Beijing seeing a 23.7% month-on-month drop in signed contracts [3] - Shenzhen's total residential transactions have decreased by 10.3%, indicating a broader market contraction even in previously high-performing areas [3] - The proportion of residents expecting housing prices to rise has fallen below 10% for two consecutive quarters, a stark contrast to previous years when this figure was often above 20% [3] Consumer Behavior - There has been a notable shift in consumer spending priorities, with home purchases dropping out of the top five planned expenditures, as individuals prefer to spend on travel and entertainment instead [5] - The market is increasingly polarized, with high-end properties remaining relatively stable while the demand for entry-level homes continues to decline [5] - The average transaction price for second-hand residential properties in Shenzhen is 58,900 yuan per square meter, reflecting a slight increase of 0.3% month-on-month, but the market is primarily supported by genuine first-time buyers rather than investors [5] Future Outlook - In the short term, real estate companies may increase property launches to boost performance, but this is unlikely to provide significant price support [7] - Long-term prospects may favor cities with strong population inflows and robust industrial support, suggesting that certain markets still have growth potential [7] - The era of easy profits in real estate, where properties could be bought blindly for guaranteed returns, is over, as evidenced by sellers willing to lower prices significantly to expedite sales [7]