楼市重要信号！9月北京新房价格环比转涨！

Core Viewpoint - The real estate market is showing signs of stabilization, with a narrowing decline in housing prices across various cities, indicating a potential recovery phase ahead [2][7][9]. Price Trends - In September, new home prices in first-tier cities decreased by 0.3% month-on-month, with Beijing and Shanghai experiencing increases of 0.2% and 0.3% respectively, while Guangzhou and Shenzhen saw declines of 0.6% and 1.0% [4]. - Year-on-year, new home prices in first-tier cities fell by 0.7%, but this decline is narrowing compared to previous months, with Shanghai showing a significant increase of 5.6% [4][5]. - The number of cities with rising new home prices has increased, with 5 cities reporting month-on-month increases in September, down from 9 in August [5]. Market Sentiment - Industry experts believe that while the market is still undergoing adjustments, the overall trend remains positive, with some cities entering a phase of stabilization [7][8]. - The narrowing year-on-year decline in housing prices is seen as a positive signal, suggesting a more solid foundation for market recovery [8]. Policy Impact - Recent policy measures introduced since August are identified as key drivers for the improvement in year-on-year housing price metrics [8]. - The market is expected to continue a "weak recovery, strong differentiation" trend in the fourth quarter, with an overall transaction decline projected to be around 10% for the year [9].