【房地产】2025上半年光大核心30城商品住宅成交面积-5%，成交均价+4%——光大核心城市房地产销售跟踪（何缅南/韦勇强）

Core Viewpoint - The real estate market in the 30 core cities of Everbright is experiencing a decline in new housing transaction volume while the average price shows a slight increase, indicating a mixed recovery in the sector [2][3]. New Housing Market - In June 2025, the transaction area of new residential properties in the 30 core cities was 12.38 million square meters, down 19.7% year-on-year but up 9.6% month-on-month [2]. - For the first half of 2025, the total transaction area was 67.37 million square meters, a decrease of 4.8% year-on-year, with major cities like Beijing, Shanghai, Guangzhou, and Shenzhen showing a 4.9% increase in transaction area [2][3]. - The average price of new residential properties in June 2025 was 25,531 yuan per square meter, down 1.3% year-on-year and 1.9% month-on-month [2]. - The average price for the first half of 2025 was 24,968 yuan per square meter, an increase of 3.9% year-on-year, with Beijing and Shanghai showing significant price increases [3]. Second-hand Housing Market - In June 2025, the transaction area of second-hand residential properties in the 15 core cities was 13.36 million square meters, down 3.1% year-on-year [4]. - For the first half of 2025, the total transaction area was 80.06 million square meters, an increase of 13.3% year-on-year, with first-tier cities seeing a 21.0% increase [4]. - The average price of second-hand residential properties in June 2025 was 23,516 yuan per square meter, down 6.0% year-on-year [5]. - The average price for the first half of 2025 was 24,275 yuan per square meter, a slight increase of 0.5% year-on-year, with Beijing and Shanghai showing positive growth [5].