Core Insights - The housing prices in 70 major cities in China have shown a decline both month-on-month and year-on-year as of October 2025, with specific cities like Changsha, Yueyang, and Changde experiencing notable decreases in new home prices [1][2]. Group 1: Housing Price Trends - In October, the new residential property prices in first-tier cities decreased by 0.3% month-on-month, with Shanghai being the only city to see a rise of 0.3% [2]. - Among the 70 cities, six cities recorded a month-on-month increase in housing prices, with Shanghai leading at 0.3% [2]. - Year-on-year, seven cities experienced an increase in new residential property prices, with Shanghai again at the forefront, showing a 5.7% increase [2]. Group 2: Changsha Market Analysis - In Changsha, new home prices fell by 0.6% month-on-month, while second-hand home prices decreased by 1% [2]. - The market in Changsha saw a temporary increase in transactions during the National Day holiday, with over 7500 viewings and 860 transactions recorded [3]. - Despite the short-term increase in transactions, the overall market is facing challenges with a decline in both volume and price, leading to a cycle of consumers waiting for better options [4].
10月70城房价发布!长沙新房价格环比下跌0.6%
Sou Hu Cai Jing·2025-11-18 17:11