全国超八成城市房价下跌，11月西安楼市交出怎样答卷？

Core Viewpoint - The real estate market in China is experiencing a significant downturn, with new home prices declining in over 80% of major cities, indicating a cooling trend in the market [1][4]. Group 1: New Home Market Performance - In November, 59 out of 70 cities reported a month-on-month decline in new home prices, accounting for over 84% of the cities surveyed; only 8 cities saw price increases, with the highest being 0.3% in Hefei and Xiangyang [2][3]. - Year-on-year, only 5 cities experienced price increases, with Shanghai leading at a 5.1% increase, while major cities like Beijing, Guangzhou, and Shenzhen saw declines of 2.1%, 4.3%, and 3.7% respectively [2][3]. - The overall new home market remains in a price adjustment cycle, with a notable decrease in sales volume and price [4]. Group 2: Second-Hand Home Market Performance - The second-hand home market is even more sluggish, with all 70 cities reporting both month-on-month and year-on-year price declines, indicating a "complete defeat" in this segment [4]. - From January to November, the total sales of new homes reached 75,130 billion, down 11.1% year-on-year, while the sales area decreased by 7.8% to 78,702 million square meters [6]. - In Xi'an, the new home price index has fallen for 15 consecutive months, reflecting a persistent downward trend in the market [6]. Group 3: Regional Focus - Xi'an - In Xi'an, the new home price index for November was 99.6 month-on-month and 94.6 year-on-year, indicating ongoing price declines [6]. - The second-hand home price index in Xi'an for November was 98.4, with a month-on-month decline of 1.2 percentage points and a year-on-year index of 91.9, showing an expanded drop [10][11]. - The inventory of second-hand homes in Xi'an remains high, with over 170,000 listings, leading to increased pressure on prices as sellers are more willing to lower prices [12]. Group 4: Product Segmentation in Xi'an - For new homes, the price index for units of 90 square meters or less was 99.8 month-on-month and 94.7 year-on-year, indicating a smaller decline due to limited supply in this segment [9][12]. - The 90-144 square meter segment saw a month-on-month index of 99.4 and a year-on-year index of 94.1, facing pressure from high inventory and market sentiment [9][12]. - Larger units over 144 square meters had a month-on-month index of 99.7 and a year-on-year index of 95.9, with high-net-worth individuals showing cautious buying behavior, further slowing down sales [10][12].