积极信号！重点城市，新房成交同比增长

Core Viewpoint - Multiple cities have introduced new real estate policies to stabilize the market ahead of the National Day holiday, signaling positive developments in the housing sector [1][2]. Policy Developments - From September 25 to October 1, cities such as Dongguan, Guangzhou, Shaoyang, Changchun, Ningxiang, Hefei, Wuhan, and Chongqing implemented new housing policies [2][3]. - Significant support for housing provident funds was noted, with Guangzhou optimizing its fund withdrawal policy for home purchases and renovations [3][4]. - Dongguan raised the maximum loan limit for first and second homes to 1.5 million yuan and increased support for down payments [3][4]. Market Performance - During the National Day holiday, the overall performance of the real estate market was relatively flat, but new home transaction areas in cities like Beijing, Shanghai, and Shenzhen saw year-on-year growth [2][5]. - According to statistics, Beijing's new residential sales averaged 0.61 million square meters daily during the holiday, a 52% increase compared to last year [6]. - In contrast, cities like Guangzhou, Hangzhou, and Chengdu experienced a decline in new home transactions during the same period [6][7]. Future Outlook - Analysts expect that the new supply from major developers in core cities will support new home sales in the fourth quarter, leading to a continued differentiated market performance [5][7]. - The overall transaction volume in the real estate market is anticipated to see a moderate recovery in October, although the trend of "trading volume for price" is likely to persist in the short term [7].