策略点评：房地产市场高频数据周报

Group 1: Core Insights - The report highlights a mixed performance in the real estate market, with significant variations in sales across major cities, indicating a potential divergence in market recovery [4][7][13] - The overall transaction volume in 30 major cities decreased by 5.11% week-on-week, with a year-on-year decline of 0.21% as of January 19, 2025 [13][15] - The report notes a substantial increase in the average transaction price in Shanghai, which rose by 77.40% week-on-week, reflecting localized price dynamics [28][31] Group 2: Sales Data - In the first-tier cities, Beijing's transaction volume decreased by 11.73%, while Shanghai saw an increase of 8.52% during the week of January 13 to January 19, 2025 [7][9] - Among second-tier cities, Chengdu was the only city to report an increase in sales, with a 9.51% rise, while other cities like Hangzhou and Wuhan experienced significant declines [9][20] - The cumulative sales area for new homes in major cities showed a year-on-year decrease of 12.90% as of December 2024, with total sales amounting to 97,385.01 million square meters [22][24] Group 3: Price Dynamics - The report indicates that the average price of new residential properties in first-tier cities has seen a year-on-year decline of 10.82%, while second-tier cities experienced a similar trend with a 10.59% drop [28][33] - The new residential price index for 70 major cities fell by 5.70% year-on-year, with first-tier cities showing a decrease of 3.80% [38][41] - The second-hand housing price index also reflected a downward trend, with a year-on-year decline of 8.10% across 70 major cities [41][44] Group 4: Inventory and Land Market - As of January 19, 2025, the available housing inventory in the top ten cities was reported at 7,927.87 million square meters, with a depletion cycle of approximately 88.88 weeks [46][49] - The land supply in 100 major cities saw a significant reduction, with only 98 plots supplied, marking a 68.08% decrease week-on-week [54][57] - The average land price for newly supplied plots was reported at 338.00 yuan per square meter, reflecting a substantial year-on-year decline of 77.51% [62][63]