新房涨0.18%、二手房跌0.85%：1月百城房价延续“温差”，核心城市交易暖流涌动

Group 1 - The average price of new residential properties in 100 cities in China increased by 0.18% month-on-month to 17,114 yuan per square meter in January 2026, with a year-on-year increase of 2.52% [1][3] - The second-hand housing market, however, saw a decline, with an average price of 12,905 yuan per square meter, reflecting a month-on-month decrease of 0.85% and a year-on-year drop of 8.67% [3] - The divergence between new and second-hand housing prices has become a common trend, with new home prices slightly rising due to structural factors, particularly in core cities like Chengdu, Shanghai, and Hangzhou [3] Group 2 - The transaction volume in the second-hand housing market in 13 key cities increased significantly, with a total area of approximately 8.1 million square meters sold in January, marking a 16% month-on-month rise and a 33% year-on-year increase [3] - The current market dynamics indicate that as long as prices adjust appropriately, genuine housing demand remains, suggesting a healthy "price for volume" phenomenon during the market bottoming process [3][4] - Policies aimed at stabilizing expectations and supporting market development have been implemented, including the extension of housing tax rebates and structural interest rate cuts [4][6] Group 3 - The real estate policy has shifted towards stabilizing expectations and shortening adjustment periods, focusing on promoting a soft landing and healthy market development rather than aggressive price increases [6] - The market is expected to slow down temporarily in February due to the traditional Spring Festival holiday, but there is potential for a "small spring" in the housing market in March as quality land parcels are set to be released [6]