说实话，房价仍在下跌！

Core Viewpoint - The real estate market in major cities is experiencing a mixed trend, with new residential property prices showing signs of decline overall, despite some cities reporting slight increases in prices [2][5]. New Residential Property Price Trends - In January 2026, 8 cities reported an increase or stable prices for new residential properties month-on-month, a decrease of 4 cities compared to the previous month [3]. - The city with the highest month-on-month increase in new residential property prices is Dalian, with a rise of 0.2%, while Xuzhou saw the largest decrease at 0.9% [4]. - Year-on-year, only 5 cities reported stable or increasing prices, with Shanghai showing the highest increase of 4.2% [5]. Second-hand Residential Property Price Trends - For second-hand residential properties, 2 cities (Yangzhou and Zhanjiang) reported month-on-month price increases, while Shenyang's prices remained stable [6]. - The month-on-month price declines for second-hand properties are generally less than 1%, indicating a narrowing trend [6]. - Year-on-year, second-hand residential property prices continue to decline across the board, suggesting that a significant recovery in this segment is still needed for market stabilization [7]. Market Outlook - The real estate market is seeing policy measures aimed at stabilizing the sector, with some cities experiencing an increase in transaction volumes for second-hand properties, which may indicate a potential recovery [7].