房地产：中指丨最新！2025年2月十大城市二手房房价地图

Investment Rating - The report indicates a positive outlook for the real estate market, emphasizing the goal of stabilizing the market and promoting recovery [3][87]. Core Insights - In February, the transaction volume of second-hand houses in key cities generally maintained growth year-on-year, while the price decline continued to narrow [3][87]. - The government work report for March highlighted the importance of stabilizing the real estate market, signaling confidence in the sector [3][87]. - The report notes that the traditional peak season in March, combined with policy support, is expected to boost market activity and transaction volumes [3][87]. Summary by Sections Market Performance - In February, the average price of second-hand residential properties in 100 cities fell by 0.42% month-on-month, a decrease of 0.1 percentage points, and a year-on-year decline of 7.26% [9]. - The average price in the top ten cities decreased by 0.25% month-on-month and 6.32% year-on-year [9]. - Chengdu saw a month-on-month price increase of 0.08%, marking four consecutive months of growth [9]. City-Specific Insights - Beijing: In February, second-hand residential transactions reached 11,876 units, a year-on-year increase of 87.6%, with prices down 0.17% month-on-month and 6.91% year-on-year [13]. - Shanghai: The city recorded 14,982 transactions in February, a 127.1% year-on-year increase, with prices down 0.18% month-on-month and 6.49% year-on-year [21]. - Guangzhou: The market saw 5,184 transactions, a 10.5% year-on-year increase, with prices down 0.39% month-on-month and 5.62% year-on-year [30]. - Shenzhen: Transactions reached 3,677 units, a 106.0% year-on-year increase, with prices down 0.13% month-on-month and 3.45% year-on-year [36]. - Chongqing: The average price fell by 0.37% month-on-month and 7.02% year-on-year, with the market expected to stabilize in March [75]. - Nanjing: The city experienced 7,847 transactions, a 17.7% year-on-year increase, with prices down 0.56% month-on-month [52]. - Wuhan: The market faced downward pressure with a month-on-month price drop of 0.68% and a year-on-year decline of 9.90% [60]. Policy and Market Outlook - The report emphasizes that the government aims to implement policies to stabilize the real estate market, with a focus on releasing pent-up housing demand [3][87]. - The upcoming March period is anticipated to see increased market activity due to traditional seasonal trends and supportive policies [3][87].