国家统计局：2025年12月份各线城市商品住宅销售价格总体下降

Core Viewpoint - In December 2025, the sales prices of commercial residential properties in 70 large and medium-sized cities in China experienced a month-on-month decline and an expanded year-on-year decrease, indicating a continued downward trend in the real estate market [1][2]. Group 1: Price Changes in New Residential Properties - In December, the sales prices of new commercial residential properties in first-tier cities decreased by 0.3% month-on-month, with the decline narrowing by 0.1 percentage points compared to the previous month [3]. - Year-on-year, the sales prices in first-tier cities fell by 1.7%, with the decline expanding by 0.5 percentage points from the previous month [4]. - Second-tier cities saw a month-on-month price drop of 0.4%, with the decline expanding by 0.1 percentage points, while third-tier cities also experienced a 0.4% month-on-month decrease, remaining unchanged from the previous month [3]. Group 2: Price Changes in Second-Hand Residential Properties - In December, the sales prices of second-hand residential properties in first-tier cities decreased by 0.9% month-on-month, with the decline narrowing by 0.2 percentage points compared to the previous month [3]. - Year-on-year, the prices in first-tier cities dropped by 7.0%, with the decline expanding by 1.2 percentage points from the previous month [4]. - Second-hand residential prices in second and third-tier cities both fell by 6.0% year-on-year, with declines expanding by 0.4 and 0.2 percentage points, respectively [4]. Group 3: Price Index Data - The price index for new commercial residential properties in Beijing was reported at 99.6 (month-on-month) and 97.6 (year-on-year) for December 2025, indicating a decrease compared to the previous month and the same month last year [5]. - The price index for second-hand residential properties in Beijing was 98.3 (month-on-month) and 90.0 (year-on-year), reflecting a similar downward trend [11].