Market Overview - The average base price of residential communities in Shanghai in September 2024 was 54,968 RMB per square meter, a month-on-month decrease of 1.09% and a year-on-year decrease of 13.14% [1] - In August 2024, the number of second-hand housing transactions in Shanghai was 17,880 units, a month-on-month decrease of over 10%, and it is expected that the number of existing residential transactions may be less than 16,000 units [2] Market Trends - The market is currently in a state of declining both in volume and price, with homebuyers adopting a wait-and-see attitude and evaluating market trends more rationally [4] - The summer season, traditionally a slow period for the property market, is further exacerbated by an oversupply of existing properties, leading to prolonged negotiations and downward price trends [4] Regional Analysis - As of September 1, 2024, the average base prices in all ring lines in Shanghai continued to decline, with the decline in the inner ring area expanding [5] - Older communities in central urban areas, which generally have lower overall quality but higher average prices, are experiencing extended transaction cycles due to reduced attractiveness to buyers [5] - The remaining properties in these communities either have inherent shortcomings or are listed at prices significantly above the reasonable market range, leading to internal price comparisons and further price reductions [5] Submarket Performance - As of September 1, 2024, the average prices in all submarkets continued to decline, all below the levels of the same period last year [6] - In the context of a general decline in market prices, the prices in some suburban submarkets with a high proportion of apartments, such as Gucun and Songjiang New Town East, have remained relatively stable [6] Price Changes by Submarket - The overall decline in prices has slightly expanded compared to the previous period [8] - The proportion of submarkets with a price decline of 0~-1% decreased by 30 percentage points to 50% [8] - The proportion of submarkets with a price decline of -1%~-2% increased by 27 percentage points to over 40% [8] - The proportion of submarkets with a price decline exceeding -2% slightly increased but remained below 10% [8]
房地产行业数据发布:2024年9月上海市住宅价格
城市测量师行·2024-09-18 11:01