而从目前的实际情况来看，新房价格看似出现了上涨，上涨幅度达到2.58%，显示出购买新房的热度提 升。但是，二手房价格却出现了8.36%的下跌，跌幅远高于新房价格涨幅。很有可能是，改善性需求没 有释放，无房者购房热情也没有出现。 更重要的，新房价格上涨，主要是前期新房价格跌幅过大，原本只想买二手房的居民，可以购买新房 了。虽然这也是房地产市场所需要的，但无法体现房地产市场回暖的趋势，居民购房的热情，总体仍然 较差。 中国新闻网1月2日报道，中指研究院2026年1月1日发布的数据显示，2025年12月份，全国100个城市新 建住宅平均价格为每平方米17084元(人民币，下同)，环比上涨0.28%；同比上涨2.58%。当月，100个城 市二手住宅平均价格为每平方米13016元，环比下跌0.97%；同比下跌8.36%。 新建住房价格上涨，二手房价格下跌，看似一涨一跌，市场已经趋于平稳，实际还存在一定的下行风 险。 必须看到，在现行房地产市场，二手房价格的变动情况，比新房价格变动更为重要，更能体现房地产市 场的平稳状况。如果二手房市场价格仍然没有平稳，预示着房地产市场的波动依然，且二手房价格波动 越大，房地产市场的稳定 ...

（原标题：中原：本周末香港十大屋苑预约看楼量按周升6.5% 重上400组水平） 智通财经APP获悉，中原地产十大屋苑本周末录得407组预约看楼量，按周上升6.5%，重上400组水平。 中原地产亚太区副主席兼住宅部总裁陈永杰表示，进入新一年，圣诞节及新年长假期刚结束，买卖双方 陆续回流市场，加上周末未有新盘抢客，看楼量回升，预计本周末过后，买卖活动将会恢复正常。 港岛区方面，中原地产太古城东山阁资深区域营业董事赵鸿运表示，圣诞及新年长假期告一段落，加上 未有一手新盘抢客，市场目光聚焦二手。太古城看楼气氛逐步回暖，本周末录24组预约看楼，按周增加 9.1%，每呎实用叫价徘徊于18500元(港元，下同)。 九龙区方面，中原地产西九龙美孚万事达第三分行分区营业经理冯健平表示，踏入2026年，美孚新邨暂 录得1宗成交，平均实用呎价10232元。本周末区内看楼气氛亦平平，美孚新邨本周末预约看楼量录60 组，按周持平，每呎实用叫价则维持11100元，料假期过后，看楼活动会重拾活跃。 新界区方面，中原地产沙田置富第一城分行副区域营业董事吴焯诚表示，近期市场多正面消息，增强买 家入市信心，不过近期新界东市场焦点落于西沙一手新盘 ...

周二亚洲时段，黄金现货价格（XAU/USD）小幅回升至4350美元上方。 此前，金价在周一遭遇大幅抛售，单日跌幅达4.5%，创下去年10月以来的最大单日下跌。 这一波动主要源于芝加哥商品交易所（CME）宣布提高黄金与白银期货的保证金要求，从而触发了市场的大规模获利了结与投资组合再平衡。 短期波动并未削弱金价的中期支撑。 市场对美联储或在2026年开启降息周期的预期仍在升温，利率下行有助于降低持有黄金的机会成本。此外，全球经济前景的不确定性与地缘政治紧张局势， 也为黄金作为传统避险资产提供了持续的需求基础。 CME 上调黄金、白银等品种保证金要求以防范交割违约风险，短期内推高持仓成本并导致部分资金撤离。 美国 11 月成屋签约销售指数环比增长 3.3% 远超预期，显现房地产市场回暖态势，经济韧性或对市场关于降息时点的预期产生影响。 当前市场对美联储降息预期仍存分歧，据 CME FedWatch 工具数据，市场预计美联储 1 月降息概率仅 16.1%，反映出交易者对短期政策转向仍持谨慎态度。 技术分析： 日线图显示，金价目前仍守稳于100日指数移动平均线（EMA）上方，整体结构尚未破坏。布林带呈现扩张态势，表明波 ...

依托"送房下乡"等系列宣传推广活动，大通县房地产市场消费活力持续释放。天麒・锦绣华府三期项目 开盘，以多元户型布局与丰富业态组合精准适配市场诉求，开盘后市场反响热烈，购房群众认购热情高 涨，仅4天时间便预售房源90余套，总销售面积达1.1万余㎡，年末购房的"热辣滚烫"，再次反映了县域 房地产市场强劲的消费潜力与坚实的发展韧性。 大通县住建局将持续以市场需求为导向，进一步强化政策支持、优化服务保障、扩大"送房下乡"等系列 活动覆盖乡镇，推动更多优质项目精准对接消费需求，持续释放刚性与改善性住房需求，全力促进县域 房地产市场平稳健康发展。（通祖宣 大通住建） 今年以来，西宁市大通回族土族自治县住房和城乡建设局深入贯彻落实国家及省市关于促进房地产市场 平稳健康发展的决策部署，锚定"稳市场、促消费、惠民生"核心目标，精准对接市场需求，强化服务保 障赋能，全力推动县域内优质房地产项目推广和销售。截至12月24日，累计销售商品房建筑面积11.22 万平方米，较去年同期增长3.41%，市场回暖向好态势愈发明显。 ...

Group 1: New Housing Market Insights - New housing sales area in 47 cities reached 4.34 million square meters, marking a weekly high since October[4] - New housing sales increased by 28.2% week-on-week, while year-on-year sales decreased by 29.8%, indicating a narrowing decline compared to the previous week[4] - The recovery in the new housing market is attributed to the year-end surge in sales and the introduction of quality projects in key cities[2] Group 2: Second-hand Housing Market Trends - Second-hand housing transaction volume increased by 3.8% week-on-week, continuing the trend observed since November[6] - Year-on-year growth for second-hand housing transactions showed a decline of 23.2%, but the rate of decline has decreased compared to the previous week[6] Group 3: Risk Factors - Potential risks include unexpected declines in housing prices, exceeding anticipated debt risks for real estate companies, and macroeconomic downturns beyond expectations[3][11]

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints of the Report - The real - estate market shows mixed trends. New home sales ended a four - week increase and declined, while second - hand home sales stabilized. The year - on - year decline in sales volume is gradually narrowing, indicating a market in the process of bottom - grinding [1][2]. - Policy focus is shifting from "stopping the decline and stabilizing" to "focusing on stability", emphasizing normal risk management. In 2026, policies will likely focus on "city - specific measures", including "acquiring inventory for housing" and "building high - quality housing" [8]. 3. Summary According to Relevant Catalogs 3.1 Weekly Situation - **New Homes**: 38 - city new home sales volume was 2.64 million square meters this week (Dec 5 - 11), a 9% week - on - week decline after four consecutive weeks of growth. The absolute scale is still within the recent range, indicating the market is in a consolidation phase after a pulse - like recovery [1]. - **Second - hand Homes**: 15 - city second - hand home sales volume stabilized at 2.14 million square meters this week, with a basically flat week - on - week change. The four - week sales volume is stable, showing stronger resilience than new homes [1]. - **Year - on - Year Comparison**: 38 - city new home sales volume decreased by 33% year - on - year, with the decline narrowing by 3 percentage points. 15 - city second - hand home sales volume decreased by 34% year - on - year, with the decline also narrowing by 3 percentage points [1]. 3.2 Monthly Situation - **New Homes**: From Dec 1 - 11, 38 - city new home sales volume decreased by 29% year - on - year, with the decline narrowing by 6 percentage points compared to November, showing marginal improvement [2]. - **Second - hand Homes**: From Dec 1 - 11, 15 - city second - hand home sales volume decreased by 34% year - on - year, with the decline widening by 14 percentage points compared to October and November, facing significant short - term correction pressure [2]. 3.3 Performance in First - tier Cities - **New Homes**: After two consecutive weeks of growth, first - tier city new home sales volume decreased by 6% week - on - week. There is significant inter - city differentiation. Beijing showed strong recovery momentum, while Shanghai decreased, Shenzhen rebounded from the bottom, and Guangzhou continued to weaken [3]. - **Second - hand Homes**: The combined second - hand home sales volume in Beijing, Shanghai, and Shenzhen increased by 4% week - on - week, mainly driven by a 20% rebound in Shenzhen. Currently, sales volumes in these three cities are stable at 73 - 79% of the annual high, significantly stronger than the new home market [3]. - **Year - on - Year Comparison**: Affected by the high base last year, new home sales volume decreased by 37% year - on - year, with the decline widening by 3 percentage points. Only Shanghai had a 13% year - on - year increase. Second - hand home sales volume decreased by 31% year - on - year, with the decline narrowing [4]. 3.4 Performance in Second and Third - tier Cities - **Second - tier Cities**: New home sales volume decreased by 9% week - on - week, but the year - on - year decline narrowed by 11 percentage points to - 26%, showing signs of bottom - up recovery. Second - hand home sales were relatively stable, with a basically flat week - on - week change [5]. - **Third - tier Cities**: New home sales volume decreased by 13% week - on - week after three consecutive weeks of recovery, and the year - on - year decline widened to 42%. Second - hand home sales volume decreased by 10% week - on - week but remained at 83% of the annual high [6]. 3.5 Housing Price Observation - **Overall**: From Dec 1 - 7, the decline in second - hand housing listing prices in all tiers of cities widened, with a week - on - week decline of 0.55% - 0.58%. Second - tier cities had a larger year - on - year price adjustment, with a decline of 8.61% [7]. - **First - tier Cities**: Shenzhen's listing prices rebounded for two consecutive weeks, showing signs of bottom - stabilization. The other three cities saw an expanded decline. Guangzhou had the deepest year - on - year decline at 16.62% [7]. - **Second - tier Cities**: Chengdu and Fuzhou had a slight week - on - week increase, while Xi'an had high price volatility and was still in the process of finding a bottom [7]. 3.6 Policy Observation - The central economic work conference's tone on real estate has shifted from "stopping the decline and stabilizing" to "focusing on stability", emphasizing normal risk management. In 2026, policies will likely focus on "city - specific measures", including "acquiring inventory for housing" and "building high - quality housing" [8].

Core Viewpoint - The Shenzhen real estate market is showing signs of recovery as the year-end approaches, with both new and second-hand housing transactions increasing week-on-week, indicating a growing demand from first-time and upgrading buyers, as well as a strong performance in the luxury market [1][6]. Group 1: New and Second-hand Housing Transactions - In the 49th week of the year, new housing transactions reached 807 units, reflecting a week-on-week increase of 4.8%, with residential sales accounting for 608 units, up 7.4% [2]. - The second-hand housing market recorded 1,419 transactions, marking a 6.2% increase week-on-week, achieving a strong start for December [2]. Group 2: Demand Trends - The demand side is also showing improvement, with new commission purchase contracts increasing by 4.8% week-on-week, indicating a sustained rise in home-buying intentions among citizens [3]. - The number of second-hand contracts signed at LeYouJia stores rose by 17.9% week-on-week, with viewing activity increasing by 5.3%, suggesting a robust market interest [3]. Group 3: Buyer Preferences and Market Dynamics - The majority of buyers (83.7%) are targeting properties priced under 10 million yuan, while 16.3% are looking at homes above this price point, indicating that first-time and upgrading buyers dominate the market [4]. - Longgang district has emerged as a benchmark for value, with a 25.4% share of buyer intentions and an average target price of 3.48 million yuan, while central districts like Futian and Nanshan have lower market shares due to higher prices [4][5]. Group 4: Luxury Market Performance - The luxury housing market is performing strongly, with the recent launch of the Qianhai Times Royal Mansion achieving an 80% sales rate on its opening day, indicating high demand for premium properties [6]. - The project, located in a core area of Qianhai, has attracted significant market attention, with 157 client registrations prior to the launch, showcasing the potential for high-end residential developments [6]. Group 5: Overall Market Outlook - The increase in both new and second-hand housing transactions, coupled with the strong sales of premium projects, suggests that a year-end "tailwind" market is forming, with stable demand from first-time and upgrading buyers contributing to a mild recovery in the Shenzhen real estate market [6].

中国商报（记者 王彤旭）年终岁尾，多地土拍市场展现火热景象。研究机构克而瑞数据显示，11月，土地成交规模环比回升，当月土地成交建筑面积和金 额分别环比增长39%和57%。供地规模进入年末放量周期，截至11月25日，全国土地供应建筑面积2.9亿平方米，当月环比上升250%；12月，22个重点城市 计划出让125宗涉宅地块，起拍总价达1723亿元，供地力度明显加大。 房企集中"抢地" 进入12月，多家房企"扎堆"抢地。 具体来看，12月5日，广州市海珠区南泰路AH0124032地块经3小时、76轮报价溢价超27%成交，广州市邦杰置业有限公司（由保利发展控股集团股份有限公 司全资控股）以总价35亿元斩获地块。 12月4日，广东佛山成功出让一宗南海区涉宅用地，保利发展以总价12.66亿元斩获地块，成交楼面价为10000元/平方米。 12月3日，浙江温州瑞安市一宗高品质住宅地块成功出让。该地块经过58轮激烈竞价，由民营房企瑞安中瑞房地产集团有限公司以总价3.99亿元竞得，成交 楼面价为6574元/平方米，溢价率为16.97%。 11月24日，2025年上海市第九批次土拍落幕，9宗地块全部成功出让，总出让金额为173.3 ...

Core Viewpoint - The Shenzhen real estate market showed a steady recovery in transaction volume in November, with luxury properties becoming a hot topic, although buyer confidence still needs to be boosted [1][2]. Group 1: Market Performance - In November, Shenzhen's new home transactions reached 3,624 units, a month-on-month increase of 8.1%, while second-hand home transactions totaled 5,495 units, up 4.2% month-on-month [2]. - The total online signing of new and second-hand residential properties in Shenzhen was 7,116 units, reflecting a month-on-month increase of 3.9% [2]. - The increase in market activity is attributed to a combination of policy benefits, urban advantages, and market dynamics, with the recent relaxation of purchase restrictions and the upcoming 2026 APEC meeting in Shenzhen boosting market confidence [2]. Group 2: Luxury Market Insights - The luxury market in Shenzhen has gained significant attention, with projects like Shenzhen Bay Luanxi launching 348 units and achieving sales of 13 billion yuan, setting a record for the highest single-project sales in 2025 [2][3]. - The concentration of high-end luxury products entering the market is expected to drive overall transaction volumes and prices in Shenzhen's real estate market [3]. Group 3: Second-Hand Market Dynamics - The average transaction price for second-hand homes in Shenzhen was 57,000 yuan per square meter in November, reflecting a month-on-month decrease of 3.2%, influenced by an increase in demand from first-time buyers and greater negotiation space for sellers [3]. - Despite maintaining a certain level of transaction volume, the overall activity in the second-hand market and buyer confidence remains low, with price reductions becoming a common strategy among sellers [3][4]. - The ability of second-hand home prices to stabilize is crucial for the overall market, as new home prices are significantly affected by the decline in second-hand prices [4].

Core Viewpoint - The Shenzhen real estate market showed a steady recovery in transaction volume in November, with luxury properties gaining significant attention, although buyer confidence remains to be improved [1][2]. Group 1: Market Performance - In November, Shenzhen's new home transactions reached 3,624 units, a month-on-month increase of 8.1%, while second-hand home transactions totaled 5,495 units, up 4.2% month-on-month [2]. - The total number of residential online signing for new and second-hand homes in November was 7,116 units, reflecting a month-on-month increase of 3.9% [2]. - The increase in market activity is attributed to a combination of policy benefits, urban advantages, and market dynamics, with recent policy optimizations such as relaxed purchase restrictions contributing to the market's recovery [2]. Group 2: Luxury Market Insights - The luxury market in Shenzhen has become a hot topic, with projects like Shenzhen Bay Luanxi launching 348 units and achieving sales of 13 billion yuan, setting a record for the highest single-project sales in 2025 [2][3]. - The concentration of high-end luxury products entering the market is expected to drive both transaction volume and prices in the Shenzhen real estate market [3]. Group 3: Second-hand Market Dynamics - The average transaction price for second-hand homes in Shenzhen was 57,000 yuan per square meter in November, reflecting a month-on-month decrease of 3.2%, influenced by an increase in the proportion of first-time buyers and greater negotiation space for sellers [3]. - Despite maintaining a certain level of transaction volume, the overall activity in the second-hand market and buyer confidence still require improvement, with price reductions becoming a common strategy among sellers [3][4]. Group 4: Price Trends and Buyer Sentiment - The ability of housing prices to stabilize is closely linked to the second-hand market, as the decline in new home prices is largely associated with the widening drop in second-hand prices [4]. - Current market conditions are primarily driven by self-use demand, with investment demand expected to be stimulated only when there is a positive outlook for price increases [4].