11月全国百城房价出炉！

Core Insights - The average price of second-hand residential properties in 100 cities across China decreased to 13,143 yuan per square meter in November, reflecting a month-on-month decline of 0.94% and a year-on-year decline of 7.95% [1] - There is a notable divergence in transaction volumes among different tier cities, with first and second-tier cities showing an increase in transaction area [3] Group 1: Second-Hand Housing Market - In November, the transaction area for second-hand residential properties in first-tier cities reached 4.02 million square meters, a month-on-month increase of 10%, with a cumulative growth of 5% for the first 11 months [3] - The average price of second-hand homes in first-tier cities saw a month-on-month decline of 1.15% for first-tier cities, 0.98% for second-tier cities, and 0.81% for third and fourth-tier cities, with year-on-year declines of 5.62%, 8.24%, and 7.47% respectively [4] - The transaction area for second-hand homes in 30 key cities is expected to be 17.04 million square meters in November, reflecting a month-on-month increase of 14% and a year-on-year increase of 3% [4] Group 2: New Housing Market - The average price of newly built residential properties in 100 cities was 17,036 yuan per square meter in November, showing a month-on-month increase of 0.37% and a year-on-year increase of 2.68% [6] - First-tier cities experienced a month-on-month price increase of 0.75% for new homes, while second-tier cities saw a 0.36% increase, and third and fourth-tier cities experienced a month-on-month decline of 0.18% [6] - The Ministry of Housing and Urban-Rural Development emphasized the need for high-quality urban renewal actions, which may positively impact the new housing market [5] Group 3: Market Outlook - The year-end is expected to see an increase in the number of quality new projects in core cities, leading to a potential rise in new housing transaction volumes [7]