克而瑞地产研究·2025-02-28 10:24Core Viewpoint - The overall real estate market in China continued to stabilize in February 2025, with the top 100 real estate companies achieving a sales operating amount of 188.12 billion yuan, reflecting a year-on-year growth of 1.2% [10][11]. Group 1: Market Performance - In February 2025, the top 100 real estate companies maintained a low sales performance level, with a total sales operating amount of 188.12 billion yuan, which is a 1.2% increase year-on-year [10][11]. - The sales thresholds for different tiers of companies showed mixed changes, with the sales operating amount thresholds for the top 20 and top 30 companies decreasing by 4.8% and 11.7% to 5.17 billion yuan and 2.86 billion yuan, respectively [12]. Group 2: Future Expectations - The market is expected to see an increase in supply in March, coinciding with the traditional peak sales season known as "Golden March and Silver April," which may lead to a month-on-month increase in transactions [15]. - However, due to last year's high base effect, year-on-year comparisons may remain flat or show a slight decline, with some cities potentially experiencing localized "small spring" recoveries [15].