房地产行业周报：第18周新房成交同比增速回升，五一黄金周新房成交同比增速回落

Investment Rating - The report does not explicitly state an investment rating for the real estate industry [30]. Core Insights - New home sales in 30 major cities reached 1.91 million square meters in week 18 of 2024, reflecting a slight week-on-week decrease of 0.26% but a year-on-year increase of 9% [30]. - Tier-1 cities sold 580,000 square meters, down 6% week-on-week but up 24% year-on-year. Tier-2 cities sold 940,000 square meters, up 1% week-on-week and 10% year-on-year. Tier-3 cities sold 380,000 square meters, up 5% week-on-week but down 8% year-on-year [30]. - During the Labor Day holiday (May 1-5, 2024), new home transactions in 30 cities totaled 301,200 square meters, a 60.72% decrease year-on-year [33]. Summary by Sections New Home Transactions - In week 18 of 2024, new home sales in 30 major cities were 1.91 million square meters, with a 9% increase year-on-year [30]. - From May 1-2, 2024, new home transactions totaled 180,000 square meters, a 65% decrease from the previous month but a 50% increase year-on-year [30]. Secondary Housing Transactions - Secondary housing transactions in 18 cities amounted to 1.45 million square meters in week 18 of 2024, a 26% decrease week-on-week but an 87% increase year-on-year [31]. - From May 1-2, 2024, secondary housing transactions totaled 20,000 square meters, a 97% decrease from the previous month but a 109% increase year-on-year [31]. Land Supply and Sales - In week 18 of 2024, 100 cities offered 16.83 million square meters of land, with 12.51 million square meters sold, resulting in a supply-to-demand ratio of 1.35 [32]. - Year-to-date, land supply in these cities was 267.68 million square meters, down 15% year-on-year, with sales volume at 240.87 million square meters, a 13.3% decrease year-on-year [32]. Labor Day Holiday Data - During the Labor Day holiday, new home transactions in 30 cities were 301,200 square meters, a 60.72% decrease year-on-year, with tier-1 cities accounting for 102,300 square meters, down 52.50% year-on-year [33].