11月新房价格环比上涨城市增多！

Core Viewpoint - The latest data from the National Bureau of Statistics indicates a positive trend in new home prices, with an increasing number of cities experiencing month-on-month price rises, suggesting a stabilization and improvement in the real estate market [1][4]. Group 1: New Home Prices - In November, the number of cities with rising new home prices increased, particularly in Hefei and Xiangyang, which had the highest month-on-month increases of 0.3% [2][3]. - The month-on-month decline in new home prices for first-tier cities was 0.4%, with Shanghai increasing by 0.1% while Beijing, Guangzhou, and Shenzhen saw declines of 0.5%, 0.5%, and 0.9% respectively [2][3]. - Second and third-tier cities experienced a month-on-month decline of 0.3% and 0.4%, respectively, with the rate of decline narrowing by 0.1 percentage points [2]. Group 2: Second-Hand Home Prices - In November, first-tier cities saw a year-on-year decline in second-hand home prices of 5.8%, with Beijing, Shanghai, Guangzhou, and Shenzhen experiencing declines of 6.8%, 4.6%, 7.2%, and 4.8% respectively [3]. - Second-tier cities had a year-on-year decline of 5.6%, while third-tier cities saw a decline of 5.8%, with both categories experiencing an increase in the rate of decline [3]. Group 3: Market Sentiment and Future Outlook - The increase in the number of cities with rising new home prices is expected to enhance market expectations positively, as indicated by industry experts [4]. - The overall sentiment in the real estate market is improving, driven by the release of year-end housing demand and better price expectations among buyers [4]. - Looking ahead to 2026, there is an emphasis on stabilizing the real estate market, with policies aimed at controlling inventory and stabilizing prices [5][6].