2025年12月份，各线城市商品住宅销售价格总体下降

Group 1 - In December 2025, the sales prices of newly built commercial residential properties in first-tier cities decreased by 0.3% month-on-month, with Shanghai increasing by 0.2% while Beijing, Guangzhou, and Shenzhen saw declines of 0.4%, 0.6%, and 0.5% respectively [1] - The month-on-month decline in second-tier cities' newly built commercial residential property prices was 0.4%, with the decline expanding by 0.1 percentage points [1] - Third-tier cities also experienced a month-on-month decrease of 0.4% in newly built commercial residential property prices, with the decline remaining consistent with the previous month [1] Group 2 - Year-on-year, the sales prices of newly built commercial residential properties in first-tier cities fell by 1.7%, with the decline expanding by 0.5 percentage points compared to the previous month [2] - In December 2025, the year-on-year price changes for newly built commercial residential properties in Beijing, Guangzhou, and Shenzhen were declines of 2.4%, 4.8%, and 4.4% respectively, while Shanghai saw an increase of 4.8% [2] - The year-on-year decline in second-tier cities' newly built commercial residential property prices was 2.5%, and for third-tier cities, it was 3.7%, with both declines expanding by 0.3 and 0.2 percentage points respectively [2]