12月一线城市新房价格仅上海上涨
21世纪经济报道·2026-01-19 04:34

Group 1 - The core viewpoint of the article indicates that the housing market in first-tier cities is showing signs of stabilization, with narrowing price declines in both new and second-hand homes in December 2025 [1][2] - In December 2025, new home prices in first-tier cities decreased by 0.3% month-on-month, while second-hand home prices fell by 0.9%, both showing a reduction in the rate of decline compared to the previous month [1] - The transaction volume of new homes in first-tier cities saw significant increases, with Beijing, Shanghai, Guangzhou, and Shenzhen recording month-on-month growth rates of 56%, 81%, 28%, and 21% respectively [1] Group 2 - Shanghai's new home prices increased by 0.2% in December 2025, making it the only first-tier city to experience a price rise, while its second-hand home prices decreased by 0.6%, indicating a reduction in the rate of decline [2] - The second-tier cities continue to face challenges, with new and second-hand home prices decreasing by 0.4% and 0.7% respectively, and the decline rates widening compared to the previous month [2] - The overall housing market remains under pressure for price stability, with high inventory levels and factors such as employment and consumer sentiment significantly impacting buyers' purchasing power and willingness [2] Group 3 - The analysis suggests that January 2026's market performance will be crucial for the overall first quarter, as the traditional sales lull has shifted due to the later timing of the Spring Festival [3] - There are emerging signs of market stabilization in January 2026, with recent policies aimed at lowering mortgage rates and increasing buyer engagement, particularly among targeted groups like families with multiple children [3] - The focus on "stabilizing expectations" and the effective implementation of policies will be key to the market's recovery in early 2026 [3]