Group 1: Market Overview - In September 2025, the supply and demand for new residential properties in Fuzhou increased significantly, with supply area reaching 267,200 square meters, a month-on-month growth of 21.2%, and transaction volume at 340,500 square meters, a month-on-month increase of 70.6% [1][5] - Cumulatively, from January to September 2025, the total supply of new residential properties in Fuzhou was 2,077,600 square meters, a year-on-year increase of 3.5%, while the total transaction area was 2,922,000 square meters, a year-on-year decrease of 4.7% [5] Group 2: Land Market - In September 2025, Fuzhou's land market saw the completion of 10 residential land transactions, with a total planned construction area of 729,200 square meters and total land transfer fees amounting to 4.937 billion yuan, with an average premium rate of 9.75% [1] - The Fuzhou land auction on September 30 featured 9 plots, with 8 plots sold at the base price, totaling a planned construction area of 419,200 square meters and land transfer fees of 4.089 billion yuan [3][4] Group 3: Top Real Estate Companies - The top 10 real estate companies in Fuzhou for the first nine months of 2025 achieved a combined sales revenue of 23.527 billion yuan and a total sales area of 1,168,900 square meters [2] - Fuzhou Urban Investment Group led the market with a sales revenue of 4.56 billion yuan, followed by Jianfa Real Estate with 3.37 billion yuan, and Poly Development with 3.28 billion yuan [2] Group 4: Market Trends - The Fuzhou new housing market is currently in an adjustment phase, characterized by a "cold-hot" trend, where some core projects are selling well while many others are under pressure [8] - The market has entered a new phase driven by "quality," with competitive advantages for "good properties," while less competitive projects struggle [8]

Core Insights - The used car market in China is experiencing a recovery trend, with average weekly transaction volume reaching 64,700 units from August 11 to 17, showing a slight week-on-week decrease of 0.87% but a year-on-year increase of 1.4% compared to July [1] - Cumulative transaction volume since August 1 has reached 870,000 units, with expectations for the total monthly volume to rise to 1.7 million units, reflecting a month-on-month growth of 2.4% [1] - The market is showing signs of price stabilization and recovery, particularly in the 200,000 to 300,000 yuan price range, where transaction volume and average prices have increased by approximately 3,000 yuan [1] - The demand for used cars is being driven by strong performance in the new energy vehicle segment, which saw a transaction volume of 686,500 units in the first half of the year, a year-on-year increase of 35%, accounting for 9.07% of total used passenger car transactions [1] Weekly Transaction Trends - Overall used car transaction volume showed a slight decline this week, with regions such as North China, East China, and Southwest experiencing varying degrees of decrease, while Northeast, Northwest, and Central South regions saw small increases [4] - East China reported an average daily transaction volume of 22,400 units, down 3.27% week-on-week, with significant declines in cities like Nanchang and Wenzhou [6] - North China had an average daily transaction volume of 2,500 units, decreasing by 2.61%, with notable drops in Tianjin exceeding 20% [6] Regional Analysis - Northeast region's average daily transaction volume was 2,400 units, showing a week-on-week increase of 1.74%, with cities like Dalian experiencing a significant rise of 10% [8] - Southwest region's average daily transaction volume was 11,900 units, down 3.20%, with cities like Lhasa and Guiyang showing notable declines [7] - Central South region's average daily transaction volume was 24,300 units, up 2.35%, with East Dongguan's transaction volume growth exceeding 25% [7]