Xin Jing Bao·2026-02-02 13:33Core Viewpoint - In January 2026, the sales performance of the top 100 real estate companies in China showed a total sales amount of 190.5 billion yuan, reflecting a year-on-year decline of 18.9%, indicating a stable continuation of the downward trend observed in the previous year [5][10]. Group 1: Sales Performance - The total sales amount for the top 100 real estate companies in January 2026 was 190.5 billion yuan, which is a year-on-year decrease of 18.9%, consistent with the decline observed throughout the previous year [5][10]. - The top three companies in terms of total sales were Poly Developments (15.6 billion yuan), China Overseas Land & Investment (14.47 billion yuan), and China Resources Land (11.65 billion yuan) [5][10]. - The average sales amount for the top 10 companies was 9.33 billion yuan, down 11.6% year-on-year, while the average for companies ranked 11-30 was 2.6 billion yuan, down 25.6% [10]. Group 2: Market Dynamics - The decline in sales is attributed to a high base from January of the previous year, where core city markets were notably active [5][9]. - The new entrant, China Travel Investment, ranked 5th with a sales amount of 9.28 billion yuan, marking a significant rise from previous years [9]. - The sales performance of the top 10 companies remained relatively stable, with three companies showing year-on-year increases, while seven experienced declines [10]. Group 3: Future Outlook - Analysts expect that as the Chinese New Year approaches, real estate companies may increase marketing efforts, which could lead to a temporary boost in market activity [11]. - There is a need for coordinated policy efforts from both demand and supply sides to effectively restore market confidence [11].