国家统计局城市司首席统计师王中华解读2025年10月份商品住宅销售价格变动情况统计数据

Core Insights - In October 2025, the sales prices of commercial residential properties in major cities experienced a decline both month-on-month and year-on-year across all city tiers [2][3][4]. Group 1: Month-on-Month Price Changes - In October, the sales prices of new commercial residential properties in first-tier cities decreased by 0.3%, with Shanghai increasing by 0.3% while Beijing, Guangzhou, and Shenzhen saw declines of 0.1%, 0.8%, and 0.7% respectively [3]. - Second-tier cities experienced a month-on-month decline of 0.4%, while third-tier cities saw a decrease of 0.5%, which is an increase in the decline rate by 0.1 percentage points [3]. - The month-on-month sales prices of second-hand residential properties in first-tier cities fell by 0.9%, a slight narrowing of the decline compared to the previous month [3]. Group 2: Year-on-Year Price Changes - Year-on-year, the sales prices of new commercial residential properties in first-tier cities dropped by 0.8%, with Shanghai increasing by 5.7% while Beijing, Guangzhou, and Shenzhen saw declines of 2.0%, 4.2%, and 2.6% respectively [4]. - Second-tier cities experienced a year-on-year decline of 2.0%, while third-tier cities saw a decrease of 3.4%, maintaining the same decline rate as the previous month [4]. - The year-on-year sales prices of second-hand residential properties in first-tier cities decreased by 4.4%, with a notable increase in the decline rate by 1.2 percentage points compared to the previous month [4].